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    1897 Pinhook Rd & Kaliste Saloom Rd Lafayette, LA 70508

    Sponsored
    For Lease
    $16 SF/Yr

    Lafayette Retail Center: 4,400 SF Available

    Lot size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Acadian Village Shopping Center, a single-story, 70,000 square foot retail center, presents a prime leasing opportunity in Lafayette, Louisiana. Located at 1897 W Pinhook Road & Kaliste Saloom Road (zip code 70508), this property boasts a 6.59-acre lot and is situated in the heart of Lafayette's central business district (CBD), a vibrant area with strong daytime and evening commerce. Currently, 4,400 square feet of retail space is available, ideally suited for a restaurant. The area demonstrates significant success for both family dining and fast-casual establishments, with numerous thriving restaurants within a quarter-mile radius, including Outback Steakhouse, Raising Cane's, Chili's, and Firehouse Subs. This location benefits from recent growth in the area, including new hotel and housing developments like the Campion Apartments, and further enhanced by the proximity (less than 1.5 miles) to a Walmart Supercenter, driving significant consumer traffic. The property's location within the LACDB - G1 submarket of Lafayette Parish offers excellent visibility and accessibility. This is a unique opportunity to establish a business in a thriving and well-established retail environment.

    Property Features for 1897 Pinhook Rd & Kaliste Saloom Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,000 SF
    Total Rate
    93333.33

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,400 SF
    Rate per SF
    $16

    HighLights

    • 70,000 square foot single‑story retail center in Lafayette, LA.
    • Located at 1897 W Pinhook Rd & Kaliste Saloom Rd (70508), on a 6.59‑acre lot in the CBD.
    • 4,400 square feet of retail space available, ideal for a restaurant.
    • High‑traffic location near numerous successful restaurants and a Walmart Supercenter.
    • Strong daytime and evening commerce in a growing area with new residential and hotel developments.
    • Excellent visibility and accessibility in the LACDB - G1 submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0134278
    Latitude
    30.1893013

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    FAQs

    What type of property is this?
    Lifestyle center - Lafayette Retail Center: 4,400 SF Available
    Where is this lifestyle center located?
    The property is located at 1897 Pinhook Rd & Kaliste Saloom Rd Lafayette, LA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 70,000 square foot single-story retail center in Lafayette, LA.; Located at 1897 W Pinhook Rd & Kaliste Saloom Rd (70508), on a 6.59-acre lot in the CBD.; 4,400 square feet of retail space available, ideal for a restaurant.
    Request Owner's contact information
    1897 Pinhook Rd & Kaliste Saloom Rd Lafayette, LA 70508
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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
    1897 Pinhook Rd & Kaliste Saloom Rd Lafayette, LA 70508
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