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Former Walmart Super Center Space
For Lease
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1229 NW Evangeline Thruway, Lafayette, LA 70501

100,000 SF space for lease or purchase.

Space Size100,000 SF
Property Size234,623 SF
Lot Size26.00 Acres
Days on Market1562

Property Features for 1229 NW Evangeline Thruway

General Information

Standard status Active
Size 100,000 SF
Lot size 26.00 Acres
Property subtype Retail, Industrial, Special Purpose
Lease Type NNN

Building Details

Building Size 234,623 SF
Tenancy Multiple

Spaces For Lease

at 1229 NW Evangeline Thruway Contact us

Suite 2

Size
100,000 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: J&J Commercial Real Estate
Listed By: Derek Moore · License #FLBO
Source: Crexi
Added: May 21, 2022 Changed: Aug 27 Last Checked: Aug 26 at 2:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J&J Commercial Real Estate

Investment Insights

Based on property information with market context.

A 100,000 square foot portion of a 228,569 square foot former Walmart Super Center is available for purchase or lease. The property has been subdivided and demised, with new fire wall separation and platting completed. The property is located in a New Market Tax Credit (NMTC) area, Enterprise Zone, and Opportunity Zone. Under certain terms, there is a possibility of acquiring the entire 228,000 square foot building and 26 acre site. The property is suitable for manufacturing, distribution, industrial, storage, dealership, automotive, IOS industrial outdoor storage, specialty retail frontage, RVs, boats, equipment, oil, gas, service, office, laydown yards, and temporary site selection. Economic development, zoning, tax incentives, opportunity zone, and tip bonds may be applicable.

Key Highlights

  • 100,000 sqft space available within a former Walmart Super Center, for purchase or lease.
  • Located in a New Market Tax Credit (NMTC) area, Enterprise Zone, and Opportunity Zone.
  • Subdivided with new fire wall separation and platting complete.

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$19.5 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
10,162 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 100,000 SF space for lease or purchase.
Where is this retail space located?
The property is located at 1229 NW Evangeline Thruway Lafayette, LA.
What are key features of this property?
This property features: 100,000 sqft space available within a former Walmart Super Center, for purchase or lease.; Located in a New Market Tax Credit (NMTC) area, Enterprise Zone, and Opportunity Zone.; Subdivided with new fire wall separation and platting complete.
(337) 234-4481 Call to check price and availability
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