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: $415,000
Unit Price: $37.28 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/19/2021

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 ā€œSā€ 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)

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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


Photograph of Listing Agent

Jeremy P Harson

NAI/Latter & Blum Commmercial Lafayette Lafayette, LA 70508
LACDB Member
Photograph of Listing Agent

Clinton J Shepard

NAI/Latter & Blum Commmercial Lafayette Lafayette, LA 70508
LACDB Member
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