Property profile

10 And Louisiana Ave Lafayette, LA 70501

OFF-MARKET
Retail properties & Spaces
450,000 SF 53.68 ac lot Built 2008
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Property summary

AI-generated overview

Stirling Lafayette Shopping Center presents a prime retail investment opportunity in Lafayette, Louisiana. This 450,000 square foot, eight-building strip center, built in 2008, boasts a highly desirable location at the southwest corner of Interstate 10 and Louisiana Avenue, offering exceptional visibility and accessibility. The property sits on 53.68 acres, with a 2.19-acre lot size, and features ample surface parking. Currently, 7,940 square feet of retail space is available, with spaces ranging from a minimum of 2,990 square feet to a maximum contiguous space of 4,950 square feet. The center benefits from its strategic location within the LACDB - D submarket of Lafayette Parish County, and is anchored by major national retailers including Target, JCPenney, and Academy Sports + Outdoors. The property is zoned CH and has an APN of 6134969. Lafayette's robust residential and income growth over the past decade makes this a particularly attractive market for retailers. The ongoing Interstate 10 expansion and improvements along Louisiana Avenue further enhance the property's accessibility and appeal. This location provides excellent visibility and access for businesses seeking a high-traffic retail environment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2008
Total area 450,000 SF
Lot 53.68 ac (2,338,301 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10 And Louisiana Ave Lafayette, LA 70501
Lafayette metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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