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Multi-Suite Strip Mall
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423-431 Rena Drive, Lafayette, LA 70503

Leasable space sits near Johnston Street, River Ranch, and Little Veron’s supermarket.

Space SizeContact for details
Days on Market749

Property Features for 423-431 Rena Drive

General Information

Standard status Active
Total Parking Spaces 20
Property subtype Retail
Zoning SPECIAL
Lease Type Net

Amenities

Power
20 Parking Spaces

Building Details

Tenancy Multi-Tenant
Listing Agency: Hasling Properties, LLC
Listed By: Steven Hasling
Source: Lacdb.resimplifi
Added: Oct 1, 2024 Changed: Oct 7 Last Checked: Oct 19 at 3:21AM

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 Hasling Properties, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This strip mall contains 4,908 square feet of retail space configured for suite-based leasing. The property is designated SPECIAL under its zoning classification and is located at 423-431 Rena Drive in Lafayette, Louisiana.

The center is positioned in midtown Lafayette near Johnston Street and River Ranch, with Little Veron’s supermarket immediately adjacent. Its setting places the property close to the River Ranch area and a well-known local intersection.

Key Highlights

  • 4,908‑square‑foot strip mall with suites available for lease
  • SPECIAL zoning designation
  • Located at 423‑431 Rena Drive in Lafayette, LA 70503

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Daycare Center (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

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

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

$18.38 /SF/Yr
Avg Asking Price
$9–$27 /SF/Yr
Price Range
8,760 SF
Avg Space Size

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
Strip mall - Leasable space sits near Johnston Street, River Ranch, and Little Veron’s supermarket.
Where is this strip mall located?
The property is located at 423-431 Rena Drive Lafayette, LA.
What are key features of this property?
This property features: 4,908‑square‑foot strip mall with suites available for lease; SPECIAL zoning designation; Located at 423‑431 Rena Drive in Lafayette, LA 70503
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