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Renovated Office Suite
For Lease
$1,430/Mo

708 W University Parkway, Lafayette, LA 70501

Commercial Lease, Lafayette, LA

Space Size1,225 SF
Lot Size0.30 Acres
Days on Market761

Property Features for 708 W University Parkway

General Information

Property type Commercial Lease
Property subtype Other
Zoning CM-1 (COMMERCIA
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features On Street
Directions Head north on University, take a right onto the property.
Subdivision G3
Standard status Active
APN 6045506
Size 1,225 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description Lots 25,26,27 Blk Elmhurst Add
Legal Description Lots 25,26,27 Blk Elmhurst Add

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Building materials Brick
Roof type Metal
Listing Agency: Scout Real Estate Co.
Listed By: Braxton Higginbotham · License #9957099385
Added: Sep 23, 2024 Changed: Oct 23 Last Checked: Oct 23 at 7:06PM
MLS# 24008914

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,225-square-foot office suite at 708 W University Parkway features brick construction, a metal roof, and two bathrooms. The interior was renovated, and the space has central heating and central air conditioning.

Situated in downtown Lafayette, the property has on-street parking and public water and sewer service.

Key Highlights

  • 1,225‑square‑foot office suite
  • Renovated office space in downtown Lafayette
  • Brick construction with a metal roof

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,106
Businesses Nearby

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 62% below the average of $36.84 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A professional workspace at 708 W University Parkway includes central heating and air conditioning.
Where is this office unit located?
The property is located at 708 W University Parkway Lafayette, LA.
What is the lease rate?
The lease rate is $1,430/Mo.
What are key features of this property?
This property features: 1,225‑square‑foot office suite; Renovated office space in downtown Lafayette; Brick construction with a metal roof
More about this property
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