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Retail Space with Build-to-Suit
For Lease
$12 SF/Yr

801 W University Ave, Lafayette, LA 70501

Two commercial suites offer flexible configuration for office or retail use.

Space Size4,173 SF
Days on Market871

Property Features for 801 W University Ave

General Information

Standard status Active
Size 4,173 SF
Net Rentable 4,173 SF
Property subtype Retail
Lease Type NNN

Space & Availability

Available Space 4,173 SF
Space Use Office
Condition Built-to-Suit
Sublease No

Building Details

Year Built 1950

Spaces For Lease

at 801 W University Ave Contact us

Available Space $12/Mo

Contact us
Listing Agency: The Gleason Group
Listed By: Lisa Viator · License #912122026
Source: Lacdb.resimplifi
Added: Apr 11, 2024 Changed: Aug 28 Last Checked: Aug 28 at 6:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gleason Group

Investment Insights

Based on property information with market context.

This retail offering combines two commercial spaces at 801 W University Ave and 803 W University Ave in Lafayette. The stated areas are 1,985.64 SF for 801 and 2,188.24 SF for 803, providing a multi-suite configuration for commercial occupancy. Build-to-suit work is available, allowing the premises to be planned around the intended use. The property supports either office or retail operations, subject to final layout and improvements. Constructed in 1950, the building is positioned on University Avenue in Lafayette, Louisiana.

Key Highlights

  • 801 W University Ave space measures 1,985.64 SF
  • 803 W University Ave space measures 2,188.24 SF
  • Two commercial spaces are offered together

Property Analytics

Current Use

Southwest Loan & Insurance ... Insurance Agency Deep South Financial ... Loan Service Goldie Locks Realty ... Real Estate Agency Brandy Siner -Real ... Real Estate Agency Warrior Roofing Roofing Company

Suggested Use

Top Pick HVAC Service Pharmacy Storage Facility Kitchen & Bath Showroom Home Appliance Store (Bike/Boat/Book/etc) Store

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,106
Businesses Nearby

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$19.5 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
10,162 SF
Avg Space Size

This space is priced 38% below the average of $19.5 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two commercial suites offer flexible configuration for office or retail use.
Where is this retail space located?
The property is located at 801 W University Ave Lafayette, LA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 801 W University Ave space measures 1,985.64 SF; 803 W University Ave space measures 2,188.24 SF; Two commercial spaces are offered together
More about this property
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