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: 3/29/2020

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 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
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.