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1501 Kaliste Saloom Rd Lafayette, LA 70508

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For Sale
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18,000 SF Multi-Tenant Retail Property

Property size:
18,000 SF

Property Features for 1501 Kaliste Saloom Rd

General Information

Property type
Retail properties
Square Feet
18,000 SF
Lot Size
70,132 SF

Building Details

Buildings
1
Stories
1

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Listing Contact
Dewitt C David
Dewitt C David

Listing Agency: NAI Rampart Listing Agent: Dewitt C David

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Life of Riley Salon ... Big Box & Wholesale Store Haus of Brows & Esthetics Spa & Massage Center KACY R MACALUSO Physician Andrea Fontenot Physician Louisiana Orthopaedic Specialists ... Medical Clinic

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Lafayette
County
Lafayette Parish
State
Louisiana
Longitude
-92.0302655
Latitude
30.1715728

FAQs

What type of property is this?
Retail property - 18,000 SF Multi-Tenant Retail Property
Where is this retail property located?
The property is located at 1501 Kaliste Saloom Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: CM-1 Zoning; Multi-tenant occupancy; Parcel ID 6022420
(337) 298-6169 Call to check price and availability
More about this property
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