Building Details

Year Built 2018

Listing Agency: Stirling Daphne

Listed By: Lynda Terreson · License #AL 000143914-0

Source: Crexi

Added: Jun 8, 2024 Changed: Jul 6 Last Checked: Jul 30 at 9:58AM

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Investment Insights

Based on property information with market context.

This property is available for lease and suitable for retail or restaurant businesses.

Key Highlights

• Year Built: 2018 (Relatively new construction)
• For Lease

Property Analytics

Property Profile

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Dental Office Law Firm Kitchen & Bath Showroom Skin Care Clinic Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

330

Businesses Nearby

Explore this area Business Placement

Demographics for 70506, LA

39,801

Population

20,296

Households

2

Avg Household Size

36

Median Age

37%

College-Educated

91%

High-School Grad

20.8 sq mi

ZIP Area

1,914

Density / Sq Mi

$55,553

Median Household Income

$38,764

Median Earnings

$1,024

Median Rent

$215,700

Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$38.07 /SF/Yr

Avg Asking Price

$10–$750 /SF/Yr

Price Range

6,416 SF

Avg Space Size

Average Price Trend$/SF/Yr for Retail properties & Spaces in Lafayette, LA

– Jan

$18.12 Feb

$18.12 Mar

$16.77 Apr

$118 May

$117 Jun

Properties on Market for Retail properties & Spaces in Lafayette

Jan

Feb

Mar

Apr

May

Jun

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail properties & spaces located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Retail and restaurant spaces available for lease.

Where is this retail property located?

The property is located at 1320 N University Ave Lafayette, LA.

What are key features of this property?

This property features: Year Built: **2018 (Relatively new construction)**; For Lease