Time Plaza Retail
For Lease
$12 SF/Yr
5400 Johnston St, Lafayette, LA 70503
Shopping-center retail space with an open sales floor, storage area, office, and additional upper-level space.
Space SizeContact for details
Property Size61,703 SF
Days on Market4254
Property Features for 5400 Johnston St
General Information
Standard status
Active
Size
61,703 SF
Total Parking Spaces
305
Property subtype
Retail
Zoning
CH
Lease Type
NNN
Site & Location
Corner Location
Yes
Traffic Count
36,000 vehicles/day
Additional Details
Space Use
Retail
Amenities
high ceilings
sign banner
Water
Sewer
305 Parking Spaces
Building Details
Year Built
1982
Building Size
61,703 SF
Tenancy
Multi
Spaces For Lease
at 5400 Johnston St Contact usAvailable Space $14/Mo
Contact usAvailable Space $12/Mo
Contact us
Listing Agency:
Andrus Asset Management, LLC
(337) 257-0257
Listed By:
Adam Andrus
(337) 257-0257
Source:
Lacdb.resimplifi
Added: Jan 8, 2015
Changed: Aug 29
Last Checked: Aug 31 at 1:22PM
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 Andrus Asset Management, LLC
Investment Insights
Based on property information with market context.
Time Plaza provides retail space within a shopping center at 5400 Johnston St. The layout includes a large open sales area, stock room, and an upstairs area of approximately 765+/- sq ft with an office. High ceilings and a shopping-center sign banner add to the physical configuration. The property was built in 1982 and carries CH zoning.
The center occupies the corner of Broadmoor Boulevard and Johnston Street near Ridge Road, approximately one block from Ambassador Caffery Pkwy. and the Mall of Acadiana. Reported traffic averages more than 36,000 vehicles per day. Current parking totals 305 spaces, with room for expansion, and the property is adjacent to or near Broadmoor Terrace, Broadmoor South, and Fernewood subdivisions.
The center occupies the corner of Broadmoor Boulevard and Johnston Street near Ridge Road, approximately one block from Ambassador Caffery Pkwy. and the Mall of Acadiana. Reported traffic averages more than 36,000 vehicles per day. Current parking totals 305 spaces, with room for expansion, and the property is adjacent to or near Broadmoor Terrace, Broadmoor South, and Fernewood subdivisions.
Key Highlights
- Retail space at Time Plaza Shopping Center, 5400 Johnston St
- Large open retail area with stock room and upstairs office
- Additional 765+/- sq ft upstairs
Property Analytics
Current Use
Lease Details
36,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,120
Businesses Nearby
Explore this area
Business Placement
Demographics for 70503, LA
27,497
Population
13,052
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,433
Density / Sq Mi
$94,360
Median Household Income
$54,170
Median Earnings
$1,087
Median Rent
$326,800
Median Home Value
Market
Lease Benchmarks for Lafayette, LA
$20.01 /SF/Yr
Avg Asking Price
$2.13–$144 /SF/Yr
Price Range
14,900 SF
Avg Space Size
This space is priced 40% below the average of $20.01 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Shopping-center retail space with an open sales floor, storage area, office, and additional upper-level space.
Where is this retail space located?
The property is located at 5400 Johnston St Lafayette, LA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Retail space at Time Plaza Shopping Center, 5400 Johnston St; Large open retail area with stock room and upstairs office; Additional 765+/- sq ft upstairs
