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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2801-2851 Johnston St Lafayette, LA 70503

110,000 SF
Property ID
Property summary
AI-generated overview

South College Center, located at 2801-2851 Johnston Street in Lafayette, Louisiana (zip code 70503), offers a prime retail space within a vibrant, family-friendly environment. This multi-tenant retail center boasts a total of 110,000 square feet and enjoys a highly visible corner location at the intersection of Johnston Street and South College Road. The property is zoned CH within Lafayette Parish. Benefit from exceptional daily traffic counts, with Johnston Street seeing approximately 29,118 vehicles per day (VPD) in 2022 and South College Road registering approximately 31,436 VPD in 2022. This high visibility is further enhanced by the opportunity for digital signage on Johnston Street. The center's current tenant mix includes locally owned businesses, creating a strong community atmosphere. The property's proximity to Moncus Park adds to its family-friendly appeal. A significant opportunity exists with the availability of a former entertainment venue space, measuring approximately 38,170 square feet. This large space presents a unique chance for a new entertainment business to establish itself in a high-traffic location. One smaller space of 1,000 square feet is also currently available.

Property profile
Verified
Property type Retail properties & Spaces
Total area 110,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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