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Restaurant Space at Busy Intersection
New
For Lease
$1,750/Mo

905 B N University Ave, Lafayette, LA 70506

Flexible commercial space with convenient access for food or retail operations.

Space SizeContact for details
Days on Market6

Property Features for 905 B N University Ave

General Information

Standard status Active
Listing Agency: Compass
Listed By: Kim Loan Mai Pham · License #995708688
Source: Athomerealtyla
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 30 at 7:51PM

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 Compass

Investment Insights

Based on property information with market context.

This restaurant property at 905 B N University Ave offers an established business setup in Lafayette. Its configuration supports several food-focused concepts, including a to-go operation, small restaurant, seafood concept, café, or specialty food business, while also accommodating retail use.

The site is positioned at a busy intersection with convenient access and strong visibility. Its existing setup gives operators a starting point for food service or retail occupancy without limiting the space to a single concept.

Key Highlights

  • Restaurant property at 905 B N University Ave, Lafayette, LA 70506
  • Established business setup for food‑service or retail use
  • Positioned at a busy intersection

Property Analytics

Current Use

Asian Gourmet Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Pharmacy Gym & Fitness 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
$2.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Under-served
Demand for This Use

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

$216 /SF/Yr
Avg Asking Price
$10.62–$750 /SF/Yr
Price Range
3,241 SF
Avg Space Size

This space is priced 93% below the average of $216 /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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Flexible commercial space with convenient access for food or retail operations.
Where is this conventional restaurant located?
The property is located at 905 B N University Ave Lafayette, LA.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: Restaurant property at 905 B N University Ave, Lafayette, LA 70506; Established business setup for food‑service or retail use; Positioned at a busy intersection
More about this property
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