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    10 And Louisiana Ave Lafayette, LA 70501

    For Lease
    $10 SF/Yr

    High-traffic retail space, I-10 visibility

    Lot size:
    450,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    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 Features for 10 And Louisiana Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    450,000 SF
    Total Rate
    375000

    Building Details

    Year Built
    2008
    Buildings
    8
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 104-A
    Size
    2,990 SF
    Rate per SF
    $37
    Space
    Suite 106
    Size
    4,950 SF
    Rate per SF
    $37
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0096661
    Latitude
    30.2245362

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, I-10 visibility
    Where is this retail property located?
    The property is located at 10 And Louisiana Ave Lafayette, LA.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
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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
    10 And Louisiana Ave Lafayette, LA 70501
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