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Retail Center with High Visibility
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2801-2851 Johnston Street, Lafayette, LA 70503

Renovated retail center with high traffic and digital signage.

Space Size3,938 SF
Property Size44,953 SF
Days on Market1032

Property Features for 2801-2851 Johnston Street

General Information

Standard status Active
Size 3,938 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 44,953 SF
Tenancy Multiple

Spaces For Lease

at 2801-2851 Johnston Street Contact us

Suite 2817-A

Size
3,938 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lee & Associates - Lafayette
Listed By: Clinton Shepard · License #LA SALE.0995690388-ACT
Source: Crexi
Added: Nov 7, 2023 Changed: Aug 28 Last Checked: Sep 1 at 9:38AM

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 Lee & Associates - Lafayette

Investment Insights

Based on property information with market context.

South College Center, centrally located in Lafayette at the corner of Johnston Street and South College Road, has recently undergone a full renovation. The location offers high traffic counts and visibility. The center's mix of locally owned businesses and its proximity to Moncus Park create a family-friendly environment. Merchants have the opportunity for digital signage on Johnston Street, putting their branding in front of approximately 29,118 vehicles per day (2022). South College Road sees approximately 31,436 vehicles per day (2022). The retail center is located on Johnston Street near the intersection of South College Drive and Bertrand, next to Moncus Park.

Key Highlights

  • High traffic location at the corner of Johnston Street and South College Road.
  • Recent full renovation.
  • Digital signage opportunity on Johnston Street with high visibility.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Kitchen & Bath Showroom Storage Facility Garden Center

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,261
Businesses Nearby
Balanced
Demand for This Use

Demographics for 70503, LA

27,497
Population
13,052
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,433
Density / Sq Mi
$94,360
Median Household Income
$54,170
Median Earnings
$1,087
Median Rent
$326,800
Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$16.64 /SF/Yr
Avg Asking Price
$8–$24 /SF/Yr
Price Range
23,750 SF
Avg Space Size

This space is priced 32% above the average of $16.64 /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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Greenbriar Shopping Center 233 Doucet Rd, Lafayette, LA 70503
  • South College Shopping Center 2851 Johnston St, Lafayette, LA 70503
  • Winnwood Shopping Center 2934 Johnston St, Lafayette, LA 70503
  • Coinstar Kiosk | Bitcoin ATM Albertsons, 2678 Johnston St, Lafayette, LA 70501
  • Autumnwood Place Shopping Center 2668 Johnston St, Lafayette, LA 70503

Frequently Asked Questions

What type of property is this?
Shopping center - Renovated retail center with high traffic and digital signage.
Where is this shopping center located?
The property is located at 2801-2851 Johnston Street Lafayette, LA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: High traffic location at the corner of Johnston Street and South College Road.; Recent full renovation.; Digital signage opportunity on Johnston Street with high visibility.
(318) 366-6064 Call to check price and availability
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