Downtown Lafayette Renovated Office
For Lease
$1,430/Mo
708 W University Ave, Lafayette, LA 70506
Renovated 2,500 SF office space in downtown Lafayette.
Space SizeContact for details
Days on Market763
Property Features for 708 W University Ave
General Information
Standard status
Active
Property subtype
Office
Lease Type
Full Service
Amenities
Power
Water
Sewer
Building Details
Year Built
1960
Spaces For Lease
at 708 W University Ave
Available Space
$1,430/Mo
Listing Agency:
Scout Real Estate Co.
Listed By:
Braxton Higginbotham · License #9957099385
(337) 501-6457
Source:
Lacdb.resimplifi
Added: Sep 23, 2024
Changed: Oct 1
Last Checked: Oct 24 at 1:40PM
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 Scout Real Estate Co.
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Investment Insights
Based on property information with market context.
This renovated 2,500 square feet professional office space is located in downtown Lafayette. The office features a blend of classic charm and contemporary finishes. The space includes 9 offices, a lobby, a reception area, a kitchen, and 2 bathrooms. Large windows provide natural light. The location offers convenient access to major highways and public transportation. Ample parking is available. The property is near restaurants, coffee shops, and other amenities. This space is suitable for professional services, creative agencies, or growing businesses looking to establish a presence in Lafayette's thriving downtown business district.
Key Highlights
- Prime downtown Lafayette location with convenient access to restaurants, coffee shops, amenities, major highways, and public transportation.
- Completely renovated 2,500 SF professional office space.
- Abundant natural light from large windows.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.44 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
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Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
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Market
Lease Benchmarks for Lafayette, LA
$36.84 /SF/Yr
Avg Asking Price
$1.17–$300 /SF/Yr
Price Range
5,083 SF
Avg Space Size
This space is priced 92% below the average of $36.84 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Renovated 2,500 SF office space in downtown Lafayette.
Where is this office unit located?
The property is located at 708 W University Ave Lafayette, LA.
What is the lease rate?
The lease rate is $1,430/Mo.
What are key features of this property?
This property features: Prime downtown Lafayette location with convenient access to restaurants, coffee shops, amenities, major highways, and public transportation.; Completely renovated 2,500 SF professional office space.; Abundant natural light from large windows.
