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Retail Center with High Visibility
For Lease
$22 SF/Yr

2801-2851 Johnston Street, Lafayette, LA 70503

Renovated retail center with high traffic and digital signage.

Space SizeContact for details
Days on Market1090

Property Features for 2801-2851 Johnston Street

General Information

Standard status Active
Property subtype Retail
Zoning CH
Lease Type NNN

Amenities

Water
Sewer

Spaces For Lease

at 2801-2851 Johnston Street
Available Space $22/Mo
Contact us
Listing Agency: Lee & Associates
Listed By: Ryan Polito · License #995698987
Source: Lacdb.resimplifi
Added: Nov 1, 2023 Changed: Oct 15 Last Checked: Oct 24 at 1:37PM

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 Lee & Associates

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Investment Insights

Based on property information with market context.

South College Center, centrally located in Lafayette at the corner of Johnston Street and South College Road, has recently undergone a full renovation. The location offers high traffic counts and visibility. The center's mix of locally owned businesses and its proximity to Moncus Park create a family-friendly environment. Merchants have the opportunity for digital signage on Johnston Street, putting their branding in front of approximately 29,118 vehicles per day (2022). South College Road sees approximately 31,436 vehicles per day (2022). The retail center is located on Johnston Street near the intersection of South College Drive and Bertrand, next to Moncus Park.

Key Highlights

  • High traffic location at the corner of Johnston Street and South College Road.
  • Recent full renovation.
  • Digital signage opportunity on Johnston Street with high visibility.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,261
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lafayette, LA

$16.65 /SF/Yr
Avg Asking Price
$8–$24 /SF/Yr
Price Range
29,839 SF
Avg Space Size

This space is priced 32% above the average of $16.65 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Greenbriar Shopping Center — 233 Doucet Rd, Lafayette, LA 70503
  • South College Shopping Center — 2851 Johnston St, Lafayette, LA 70503
  • Winnwood Shopping Center — 2934 Johnston St, Lafayette, LA 70503
  • Coinstar Kiosk | Bitcoin ATM — Albertsons, 2678 Johnston St, Lafayette, LA 70501
  • Autumnwood Place Shopping Center — 2668 Johnston St, Lafayette, LA 70503

Frequently Asked Questions

What type of property is this?
Shopping center - Renovated retail center with high traffic and digital signage.
Where is this shopping center located?
The property is located at 2801-2851 Johnston Street Lafayette, LA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: High traffic location at the corner of Johnston Street and South College Road.; Recent full renovation.; Digital signage opportunity on Johnston Street with high visibility.
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