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Build-to-Suit Retail Space
For Lease
$10 SF/Yr

803 W University Avenue, Lafayette, LA 70506

Commercial Lease, Lafayette, LA

Space SizeContact for details
Lot Size0.26 Acres
Days on Market891

Property Features for 803 W University Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning MN 1
Parking features On Street
Lot features Corner Lot
Directions Congress towards Evangeline Thruway, right on University, property will be on the right after.
Subdivision G3
Standard status Active
APN 6032397
Size 2,188 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description Par Of Gro (73X150) Front- Ing Azalea St 85-42846 Less (61.1 Sq Ft) To Dept Of Hwys
Legal Description Par Of Gro (73X150) Front- Ing Azalea St 85-42846 Less (61.1 Sq Ft) To Dept Of Hwys

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Building materials Block, Brick
Listing Agency: The Gleason Group
Listed By: Lisa Viator · License #912122026
Added: May 22, 2024 Changed: Oct 28 Last Checked: Oct 29 at 3:06AM
MLS# 24005025

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,188-square-foot retail space at 803 W University Avenue is offered with landlord-provided build-to-suit work. The property is zoned MN 1 and occupies a 0.26-acre parcel. Additional space is available.

The building has block and brick construction, central heating fueled by natural gas, and central air conditioning. Public water and sewer serve the property, and natural gas is available. On-street parking is provided.

Key Highlights

  • 2,188 square feet of retail space
  • Landlord will build to suit; additional space is available
  • MN 1 zoning on a 0.26‑acre parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Louisiana Video Systems Tech Support Center

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,106
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lafayette, LA

$19.97 /SF/Yr
Avg Asking Price
$4.34–$144 /SF/Yr
Price Range
12,197 SF
Avg Space Size

This space is priced 50% below the average of $19.97 /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

Frequently Asked Questions

What type of property is this?
Retail space - The landlord is prepared to complete improvements to suit a tenant’s requirements.
Where is this retail space located?
The property is located at 803 W University Avenue Lafayette, LA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 2,188 square feet of retail space; Landlord will build to suit; additional space is available; MN 1 zoning on a 0.26‑acre parcel
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