Drive-Thru Retail Endcap
For Lease
$24 SF/Yr
C-3545 N University Ave, Lafayette, LA 70503
Proposed single-story multi-tenant retail center with a drive-thru endcap suite off University Avenue.
Space SizeContact for details
Days on Market904
Property Features for C-3545 N University Ave
General Information
Standard status
Active
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
David A Gleason · License #995695245
(337) 288-9400
Source:
Exprealty
Added: Mar 19, 2024
Changed: Sep 7
Last Checked: Sep 7 at 4:03PM
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 The Gleason Group
Investment Insights
Based on property information with market context.
A proposed single-story, multi-tenant retail building spanning approximately 5,700 square feet is being planned for construction. The design includes a drive-thru option positioned on an end cap, creating a dedicated configuration for a retail tenant needing drive-through access. Suite sizes are expected to range from approximately 1,200 to 5,700 square feet, and tenant improvements (TI) will be considered with acceptable lease terms.
The development is located off of University Avenue in Lafayette, Louisiana, with visibility and accessibility intended as key benefits of the site. CAM fees are estimated to be $5.00–$7.00 per square foot.
The development is located off of University Avenue in Lafayette, Louisiana, with visibility and accessibility intended as key benefits of the site. CAM fees are estimated to be $5.00–$7.00 per square foot.
Key Highlights
- Proposed single‑story, multi‑tenant retail center planned at approximately 5,700 SF
- Suite sizes will range from 1,200 to 5,700 SF to allow multiple tenancy options
- Drive‑thru option planned as an endcap suite
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,014
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70503, LA
27,497
Population
13,052
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,433
Density / Sq Mi
$94,360
Median Household Income
$54,170
Median Earnings
$1,087
Median Rent
$326,800
Median Home Value
Market
Lease Benchmarks for Lafayette, LA
$16.88 /SF/Yr
Avg Asking Price
$8–$24 /SF/Yr
Price Range
23,879 SF
Avg Space Size
This space is priced 42% above the average of $16.88 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Proposed single-story multi-tenant retail center with a drive-thru endcap suite off University Avenue.
Where is this shopping center located?
The property is located at C-3545 N University Ave Lafayette, LA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Proposed single‑story, multi‑tenant retail center planned at approximately 5,700 SF; Suite sizes will range from 1,200 to 5,700 SF to allow multiple tenancy options; Drive‑thru option planned as an endcap suite
