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Property profile

2424 Ambassador Caffery Pkwy Lafayette, LA 70506

OFF-MARKET
Retail properties & Spaces
3,187 SF 1.17 ac lot Built 1998
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Property summary

AI-generated overview

This exceptional free-standing retail building, totaling 3,187 square feet, presents a unique investment opportunity in Lafayette, Louisiana. Situated on a 1.168-acre lot with 130 feet of frontage on Ambassador Caffery Parkway, this property boasts high visibility in a primary retail corridor, alongside national retailers like Walmart and Sam's Club. Built in 1998, the building features a drive-thru, upgraded exterior construction, and is zoned CH. The interior includes three hood kitchens (10' x 56", 6' x 4', and 52" x 32"), two walk-in coolers (131" x 97" and 77" x 115"), and one walk-in freezer (131" x 88"). Three York 7-ton central AC units ensure climate control. The property's strategic location offers convenient access to major amenities, including the Ochsner Lafayette General Orthopedic Center (approximately 1 mile), the Lafayette Amtrak Station (9 minutes, 5.4 miles), and Lafayette Regional Airport (LFT) (14 minutes, 7.8 miles). With municipal power and a single-tenant occupancy, this property is ready for immediate use. The entire 3,187 square feet is currently vacant. This is an ideal location for a fast-food restaurant or quick-service establishment seeking high traffic and excellent visibility.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1998
Total area 3,187 SF
Lot 1.17 ac (50,878 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

2424 Ambassador Caffery Pkwy Lafayette, LA 70506
Lafayette metro
Google Maps

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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