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Restaurant Space with Existing Setup
For Lease
$21,000

905 N University Ave #B, Lafayette, LA 70506

CM-1-zoned space supports food-service and retail concepts.

Space SizeContact for details
Days on Market9

Property Features for 905 N University Ave #B

General Information

Standard status Active
Property subtype Other
Zoning CM-1
Lease Type NNN

Additional Details

Space Use Restaurant

Building Details

Year Built 2015
Tenancy Single Tenant

Spaces For Lease

at 905 N University Ave #B Contact us

Available Space $1,750/Mo

Contact us
Listing Agency: Compass Lafayette
Listed By: Kim Pham · License #995708688
Source: Lacdb.resimplifi
Added: Aug 24 Changed: Aug 31 Last Checked: Sep 1 at 3:41PM

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 Lafayette

Investment Insights

Based on property information with market context.

This 1,345-square-foot restaurant space is available for lease at 905 N University Ave #B in Lafayette. The property was built in 2015 and includes an established business setup suited to food-service operations.

The space is positioned at a busy intersection with convenient access. Supported uses identified for the property include a to-go food operation, small restaurant, seafood concept, café, specialty food business, and retail use. CM-1 zoning adds a defined commercial framework for evaluating those concepts.

Key Highlights

  • 1,345‑square‑foot restaurant space available for lease
  • Established business setup for food‑service operations
  • CM‑1 zoning

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

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

$141 /SF/Yr
Avg Asking Price
$10.62–$750 /SF/Yr
Price Range
2,666 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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - CM-1-zoned space supports food-service and retail concepts.
Where is this conventional restaurant located?
The property is located at 905 N University Ave #B Lafayette, LA.
What is the lease rate?
The lease rate is $21,000.
What are key features of this property?
This property features: 1,345‑square‑foot restaurant space available for lease; Established business setup for food‑service operations; CM‑1 zoning
More about this property
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