Turn-Key Restaurant Space For
4110 Johnston St, Lafayette, LA 70503
For Sale
$800,000
Restaurant space for sale with prime frontage and ample parking.
Property Size4,173 SF
Price / SF$191.71
Days on Market229
Property Features for 4110 Johnston St
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Listing Agency:
Elifin Realty
Listed By:
Garrett Ickles · License LA #995718576
(800) 895-9329
Source:
Elifinrealty
Added: Mar 27
Changed: Oct 25
Last Checked: Nov 10 at 6:54AM
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 Elifin Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 4110 Johnston St offers a 4,173 SF turn-key restaurant space with frontage along Johnston St. The sale includes all FF&E, providing a ready-to-operate opportunity. The property features 42 parking spaces. Positioned within a heavy retail corridor, the site is surrounded by amenities such as Office Depot, Anytime Fitness, Jersey Mike’s, and McDonald’s. The property is zoned CH for Commercial Heavy.
Key Highlights
- Turn‑key restaurant space (±4,173 SF) with all FF&E included.
- Prime frontage on Johnston St.
- ±42 parking spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,224
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,480
$1.1M
Cap Rate 7%
$774,629
$774.6K
Cap Rate 9%
$602,489
$602.5K
Market Conditions
NOI Build-Up for 4,173 SF
Gross rent
$78.6K $18.84/SF
− Vacancy
−$6.3K −$1.51/SF
EGI
$72.3K $17.33/SF
− OpEx
−$18.1K −$4.33/SF
NOI
$54.2K $12.99/SF
Area
Lafayette, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,480
Cap Rate 7%
$774,629
Cap Rate 9%
$602,489
Alternative Uses
Best Use
Specialty Retail
$774.6K
$677.8K – $903.7K
NOI $54,224 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$986.6K
$863.3K – $1.15M
NOI $69,065 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Under-served
Demand for This Use
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
$326,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Conventional restaurants in Lafayette, LA
Properties on Market for Conventional restaurants in Lafayette
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space for sale with prime frontage and ample parking.
Where is this conventional restaurant located?
The property is located at 4110 Johnston St Lafayette, LA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Turn‑key restaurant space (±4,173 SF) with all FF&E included.; Prime frontage on Johnston St.; ±42 parking spaces.
