2801-2851 Johnston St, Lafayette, LA 70503
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.