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Lafayette Shopping Center For Sale
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1215 NW Evangeline Thruway, Lafayette, LA 70501

14,000 SF shopping center in high-traffic Lafayette corridor.

Property Size14,000 SF
Price / SF$99.29
Days on Market963

Property Features for 1215 NW Evangeline Thruway

General Information

Standard status Active
Size 14,000 SF
Property subtype Retail
Zoning CH
Listing Agency: NAI Rampart
Listed By: Jeremy Harson, CCIM · License #LA75901
Source: Crexi
Added: Jan 9, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:52AM

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 NAI Rampart

Investment Insights

Based on property information with market context.

This 14,000 square foot shopping center is located in a high-traffic area of Lafayette. Previously a Wal-Mart shadow center, the property has a history of high occupancy even after Wal-Mart's departure. The leases are triple net, with tenants responsible for their share of taxes, insurance, maintenance, and management fees. The property has been professionally maintained by a local property management company. The location benefits from traffic counts exceeding 50,000 vehicles per day on NW Evangeline Thruway and is approximately half a mile from I-10, where traffic counts exceed 70,000 vehicles per day.

Key Highlights

  • High traffic location with over 50,000 vehicles per day on NW Evangeline Thruway.
  • Proven high occupancy with a long history, even after Wal‑Mart departure.
  • Triple Net Leases: Tenants handle taxes, insurance, maintenance, and management fees.

Property Analytics

Current Use

Shopping centers

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Galleries Lafayette Shopping Center 107 Carmel Dr, Lafayette, LA 70501

Frequently Asked Questions

What type of property is this?
Shopping center - 14,000 SF shopping center in high-traffic Lafayette corridor.
Where is this shopping center located?
The property is located at 1215 NW Evangeline Thruway Lafayette, LA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: High traffic location with over 50,000 vehicles per day on NW Evangeline Thruway.; Proven high occupancy with a long history, even after Wal‑Mart departure.; Triple Net Leases: Tenants handle taxes, insurance, maintenance, and management fees.
(337) 504-5349 Call to check price and availability
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