Listing Agency: The Boulder Group Show Phone

Listed By: Randy Blankstein · License #IL 471005983

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:51PM

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Investment Insights

Based on property information with market context.

This retail property is occupied by Starbucks and T-Mobile, providing a two-tenant configuration with established branded occupants. The lease profile reports 7 years WALT and a 7.00% cap rate.

The property is located at 5709 Johnston St in Lafayette, Louisiana, within ZIP code 70503.

Key Highlights

• Starbucks and T‑Mobile occupancy
• 7.00% cap rate
• 7 years WALT

Property Analytics

Property Profile

Current Use

T-Mobile Mobile Phone Store Starbucks Cafe & Coffee Shop

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.

Location Intelligence

Trade Area within ½ mile

1,002

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

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space occupied by Starbucks and T-Mobile with 7 years WALT.

Where is this retail space located?

The property is located at 5709 Johnston St Lafayette, LA.

What are key features of this property?

This property features: Starbucks and T‑Mobile occupancy; 7.00% cap rate; 7 years WALT