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Property profile

700 Westgate Rd Lafayette, LA 70506

OFF-MARKET
Retail properties & Spaces
640 SF
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Property summary

AI-generated overview

This exceptional commercial property, located at 700 Westgate Road in Lafayette, Louisiana, presents a fantastic opportunity for a single-tenant business. The property boasts a total building size of 640 square feet situated on a sizable 0.72-acre lot. Its versatile zoning allows for a variety of uses, including retail, restaurant, or quick-service restaurant (QSR) operations. The property's convenient location in Lafayette Parish, with a zip code of 70506, offers excellent visibility and accessibility for customers. The single-tenant occupancy ensures ease of management and control. This property is ideal for a business seeking a well-positioned, manageable space in a thriving Lafayette community. The ample lot size provides potential for future expansion or outdoor seating, depending on the intended use. This is a rare opportunity to secure a prime commercial space in a desirable location. The property is currently available for lease and is ready for immediate occupancy. Interested parties are encouraged to inquire for further details and leasing information. The property is classified as Commercial, Grocery Store, and QSR/Fast Food.

Property profile

Verified
Property type Retail properties & Spaces
Total area 640 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

700 Westgate Rd Lafayette, LA 70506
Lafayette metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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