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    911 Ambassador Caffery Pkwy Lafayette, LA 70506

    For Lease
    $20 SF/Yr ($17,601 /Mo)

    Prime Restaurant Space, High Traffic Area

    Lot size:
    10,561 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 10,561 square foot retail property, built in 2017, presents a unique opportunity for a restaurant or similar commercial venture. Currently configured as a 2,000 square foot former Laredo Taco restaurant, this end-cap space offers immediate visibility and accessibility. Located in Lafayette Parish's LACDB - G3 submarket, the property benefits from its strategic position along Ambassador Caffery, providing significant daytime and nighttime traffic exposure. Its proximity to the intersection of Ambassador Caffery and Interstate 10 ensures high visibility and convenient access for customers. The property shares space with a Stripes C-Store, further enhancing its appeal and drawing in a consistent customer base. The single-story building features two monument signs, providing excellent branding opportunities. Direct access to Cameron Street ensures efficient ingress and egress for both customers and deliveries. The zoning is CH, and the building is comprised of one structure. With 2,000 square feet currently vacant, this property is ready for immediate occupancy and offers a significant advantage to a business seeking a well-established location with existing infrastructure. This is an ideal location for a local, regional, or national restaurant seeking a high-traffic, easily accessible space.

    Property Features for 911 Ambassador Caffery Pkwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,561 SF
    Total Rate
    17601.67

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,000 SF
    Rate per SF
    $20

    HighLights

    • 10,561 SF retail/restaurant building on 1 acre, single‑tenant occupancy.
    • 2,000 SF vacant space available; former Laredo Taco location.
    • Built in 2017, one‑story building.
    • Located in Lafayette Parish, LACDB - G3 submarket, with CH zoning.
    • Excellent visibility and access; shares space with Stripes C‑Store; two monument signs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Laredo Taco Company Restaurant Western Union Money Transfer Service Stripes Gas Station ... Gas Station Sunoco Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0617372
    Latitude
    30.2311732

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 911 Ambassador Caffery Pkwy Lafayette, LA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 10,561 SF retail/restaurant building on 1 acre, single-tenant occupancy.; 2,000 SF vacant space available; former Laredo Taco location.; Built in 2017, one-story building.
    Request Owner's contact information
    911 Ambassador Caffery Pkwy Lafayette, LA 70506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    911 Ambassador Caffery Pkwy Lafayette, LA 70506
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