0 Spg Farm RdLafayette, LA 70508

Property Details for 0 Spg Farm Rd

Lot size

5.12 AC

Property size (Sq ft)

12,000 SF

Property type

Mixed-use properties

Property subtype

Restaurants

Description

This exceptional 12,000 square foot retail property, situated on 5.12 acres in Lafayette, Louisiana (70508), offers a prime location on Spring Farm Road, just off Ambassador Caffery Parkway, boasting over 44,000 vehicles per day. The property is zoned CH and features flexible space options ranging from 1,250 to 12,000 square feet, adaptable to various retail, office, or restaurant uses. Lease rates are $40-60 per square foot, NNN, while purchase prices range from $450-500 per square foot. The site's strategic location benefits from its proximity to major retail developments like Ambassador Town Center (featuring Costco, Chuy's, Dick's Sporting Goods, and more), Our Lady of Lourdes Regional Medical Center, and significant medical and professional office parks. Furthermore, a large private school and a new luxury apartment complex are nearby, ensuring a robust and diverse customer base. Outparcels ranging from 0.5 to 3 acres are also available for purchase, priced at $30-35 per square foot. All pricing is subject to final construction cost determination. This high-visibility location presents a unique opportunity for businesses seeking a thriving commercial environment in Lafayette. The property's size and adaptability make it ideal for a variety of uses, capitalizing on the high traffic volume and strong surrounding demographics.

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.1522

Longitude

-92.0419

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