Listing Agency: The Gleason Group l***@hotmail.com Show Phone

Listed By: Lisa Viator · License #912122026

Source: Athomerealtyla

Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 8:33PM

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Investment Insights

Based on property information with market context.

Retail space at 801-803 W University Ave in Lafayette offers a build-to-suit approach for a range of commercial concepts. The property is positioned for retail, athletic gym, or dance studio use, with additional space available for expanding requirements or a larger configuration.

Key Highlights

• Build‑to‑suit delivery available
• Suitable for retail, athletic gym, or dance studio use
• Additional space available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Pharmacy Storage Facility Kitchen & Bath Showroom Home Appliance Store (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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,106

Businesses Nearby

Explore this area 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

Market

Lease Benchmarks for Lafayette, LA

$19.5 /SF/Yr

Avg Asking Price

$10–$35 /SF/Yr

Price Range

10,162 SF

Avg Space Size

This space is priced 38% below the average of $19.5 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Flexible layout options support retail, fitness, or dance uses.

Where is this retail space located?

The property is located at 801-803 W University Ave Lafayette, LA.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Build‑to‑suit delivery available; Suitable for retail, athletic gym, or dance studio use; Additional space available