Search
Leased Retail Outparcel Near Mall
For Sale
Contact for pricing

5702 Johnston Street #102, Lafayette, LA 70503

A 100% leased outparcel retail site along Johnston Street with NNN tenants and multiple national-credit nearby retailers.

Property Size17,780 SF
Days on Market125

Property Features for 5702 Johnston Street #102

General Information

Standard status Active
Size 17,780 SF
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 43,300 vehicles/day

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:43AM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

The property is a leased retail outparcel to a larger shopping center anchored by Stein Mart, T.J. Maxx, Michaels, and Hobby Lobby. The site is 100% occupied by Mattress Firm, Guitar Center, Vitamin Shoppe, and State Farm Insurance. All tenants are on NNN leases with reimbursements for taxes, insurance, and CAM, and three of the four tenants have approximately seven years remaining in their primary lease term with options to extend.

The property is located along Johnson Street with reported 43,300 cars per day and serves as an outparcel to the center’s anchors. It is also described as across from the 994k SF Acadiana Mall, anchored by Macy’s, Sears, and JCPenney. Nearby national and credit tenants include Lowe’s, The Home Depot, Walmart, and Sam’s Club.

As a retail outparcel within an active retail corridor, the asset is positioned to benefit from ongoing shopping center traffic and crossover activity tied to the adjacent anchors and mall presence.

Key Highlights

  • 17,780 SF outparcel retail site is 100% leased to Mattress Firm, Guitar Center, Vitamin Shoppe, and State Farm Insurance
  • NNN leases with tenants reimbursing taxes, insurance, and CAM
  • Three of the four tenants have about 7 years remaining in their primary lease term with options to extend

Property Analytics

Current Use

The Vitamin Shoppe (Bike/Boat/Book/etc) Store Guitar Center (Bike/Boat/Book/etc) Store Brad Saloom - State ... Insurance Agency Spirit Halloween (Bike/Boat/Book/etc) Store Drop Dead Deals ... Discount Store

Suggested Use

Top Pick Real Estate Agency HVAC Service Dental Office Hotel & Motel Parking Lot & Garage Law Firm

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

43,300 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

899
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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - A 100% leased outparcel retail site along Johnston Street with NNN tenants and multiple national-credit nearby retailers.
Where is this nnn property located?
The property is located at 5702 Johnston Street #102 Lafayette, LA.
What are key features of this property?
This property features: 17,780 SF outparcel retail site is 100% leased to Mattress Firm, Guitar Center, Vitamin Shoppe, and State Farm Insurance; NNN leases with tenants reimbursing taxes, insurance, and CAM; Three of the four tenants have about 7 years remaining in their primary lease term with options to extend
(480) 221-4221 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message