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Retail Space with Signage
For Lease
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803 W University Avenue, Lafayette, LA 70506

Commercial Lease, Lafayette, LA

Space SizeContact for details
Lot Size0.26 Acres
Days on Market859

Property Features for 803 W University Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning MN 1
Parking features On Street, Off Street
Exterior features Door Sign, Pole Sign
Lot features Corner
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

Heating system Central, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Listing Agency: The Gleason Group
Listed By: Lisa Viator · License #912122026
Added: May 22, 2024 Changed: Sep 2 Last Checked: Sep 27 at 5:06PM
MLS# 24005025

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

Investment Insights

Based on property information with market context.

This 2,188-square-foot retail space is available for lease at 803 W University Avenue in Lafayette. The premises carry MN 1 zoning and offer a flexible starting point for a retail, athletic gym, or dance studio concept. The landlord will build to suit, with additional space available.

Building features include central heating with natural gas and central air conditioning. Exterior identification includes a door sign and pole sign, while parking is available both on the street and off site. Public water serves the property.

Key Highlights

  • 2,188 SF retail space at 803 W University Avenue, Lafayette, LA 70506
  • MN 1 zoning
  • Landlord will build to suit; additional space available

Property Analytics

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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

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

$20.55 /SF/Yr
Avg Asking Price
$4.34–$144 /SF/Yr
Price Range
12,373 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Build-to-suit retail space with central HVAC, public water, and both on-street and off-street parking.
Where is this retail space located?
The property is located at 803 W University Avenue Lafayette, LA.
What are key features of this property?
This property features: 2,188 SF retail space at 803 W University Avenue, Lafayette, LA 70506; MN 1 zoning; Landlord will build to suit; additional space available
More about this property
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