4029 N University Ave
Retail-Commercial
for Sale
| Catylist Listing ID: |
30457859 |
| Property Subtypes: |
Garden Center, Street Retail, Other
|
| Building Size (RSF): |
11,131 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.61 Acres
|
| Sale Price: |
$450,000 |
| Unit Price: |
$40.43 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/25/2020 |
Overview / Comments
|
Multi tenant investment property on one of the main corridors in Carencro. 100% occupied. Property may also be available for an Owner/user looking for a little bit of rental income to offset expenses. Owner is motivated to sell! The front retail building is over 6,700 square feet comprising of two tenants, one of which is a long term tenant. The back warehouse is 4,300+ square feet of traditional Class “S” warehouse. Potential owner/user options available for both the retail building in front and warehouse.
|
Additional Details
| Nearest MSA: |
Lafayette |
| County: |
Lafayette |
| Submarket/Township: |
C |
| Tax ID/APN: |
6028535 |
| Area Description: |
From I-10 go north on University past Prejean Rd., property will be on left. |
| Typical SF / Floor: |
11,131 SF |
| Property Condition: |
Good |
| Roof Type: |
Other |
| Construction/Siding: |
Metal Siding |
| Parking Type: |
Surface |
| Parking Description: |
Concrete |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System, Window Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
SEC 34 T8S R4E (.607AC) |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,023 |
23,563 |
59,368 |
| Median Age: |
37.29 |
33.86 |
33.92 |
| Households: |
1,181 |
8,851 |
22,057 |
|
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