1224 Evangeline Thruway Lafayette, LA 70501
This exceptional restaurant property, located at 1224 NE Evangeline Thruway in Lafayette, Louisiana, 70501, presents a unique opportunity for food service businesses. The single-tenant building boasts a generous 1,675 square feet of space, perfectly suited for a variety of culinary concepts. Its strategic location just off Evangeline Thruway ensures high visibility and convenient access for customers. The property sits on a sizable 1.04-acre lot, offering ample parking and potential for outdoor seating or expansion. A key advantage is the inclusion of a drive-thru option, significantly enhancing operational efficiency and customer convenience. This feature is particularly attractive for businesses seeking to maximize throughput and cater to a broader customer base. The property's excellent visibility and accessibility make it an ideal location for attracting both local residents and travelers passing through Lafayette. This turnkey restaurant space is ready for immediate occupancy, providing a seamless transition for new businesses. The property's size and features make it suitable for a range of restaurant types, from fast-casual to full-service establishments. This is a rare opportunity to secure a prime commercial property in a thriving Lafayette location.
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
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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.