1501 Kaliste Saloom RdLafayette, LA 70508

This exceptional retail investment opportunity is located at 1501 Kaliste Saloom Rd, Lafayette, LA 70508. The property boasts a substantial 18,000 square feet of retail space spread across ten suites within a single, one-story building situated on a 1.61-acre lot. Ample parking is available with 87 spaces provided for tenants and customers. The property is zoned CM-1 and features a strong net operating income (NOI) of $257,720, resulting in an attractive 7.36% capitalization rate. The asking price is $3,500,000, translating to a price per square foot of $194.44. The property's prime location is just two blocks from River Ranch, a well-established Traditional Neighborhood Development, ensuring high visibility and foot traffic. The property's parcel number is 6022420. Owner financing may be available. This multi-tenant retail center presents a compelling investment opportunity in a thriving Lafayette, Louisiana market. The property's strong NOI, desirable location, and ample parking make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.