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    120 Production Dr Lafayette, LA 70508

    Sponsored
    For Lease
    Contact for pricing

    Walmart shadow center; high traffic, Lafayette, LA.

    Lot size:
    37,348 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located in the thriving Pinhook Plaza shopping center in Lafayette Parish, Louisiana. Situated along the heavily trafficked West Pinhook Road, this center boasts an estimated 2.5 million annual visits, providing unparalleled exposure for your business. The property is a multi-tenant shopping center, currently offering two available spaces. The total building size is 37,348 square feet, with a minimum divisible space of 1,440 square feet and a maximum contiguous space of 5,010 square feet. Currently, 11,092 square feet are vacant and ready for immediate occupancy. The center is anchored by a Walmart, driving significant foot traffic and visibility. Additional anchor tenants include CATO and Dollar Tree, further enhancing the property's appeal and drawing a diverse customer base. The strategic location also benefits from the proximity of several national retailers, including Starbucks, McDonald's, Whataburger, and AutoZone, creating a synergistic retail environment. This prime location is ideal for a variety of retail businesses, healthcare services, or restaurants seeking high visibility and a strong customer base in a bustling Lafayette, LA commercial corridor. Don't miss this chance to establish your business in a high-traffic, well-established shopping center.

    Property Features for 120 Production Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,348 SF

    Unit(s) available at that property

    Space
    AVAILABLE (1)
    Size
    2,000 SF
    Space
    AVAILABLE (2)
    Size
    5,010 SF

    HighLights

    • High‑traffic Walmart shadow center in Lafayette, LA, with 2.5M estimated annual visits.
    • Anchor tenants include CATO and Dollar Tree.
    • Excellent location near Starbucks, McDonald's, Whataburger, and AutoZone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar Tree Dollar Store Ace Tobacco & Vape Tobacco Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0062348
    Latitude
    30.1796785

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    FAQs

    What type of property is this?
    Neighborhood center - Walmart shadow center; high traffic, Lafayette, LA.
    Where is this neighborhood center located?
    The property is located at 120 Production Dr Lafayette, LA.
    What are key features of this property?
    This property features: High-traffic Walmart shadow center in Lafayette, LA, with 2.5M estimated annual visits.; Anchor tenants include CATO and Dollar Tree.; Excellent location near Starbucks, McDonald's, Whataburger, and AutoZone.
    Request Owner's contact information
    120 Production Dr Lafayette, LA 70508
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    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
    120 Production Dr Lafayette, LA 70508
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