113 E Gloria Switch Listing Details & Market Data

The subject site is located on the frontage road at the northeast corner of the Gloria Switch Rd and I-49 interchange. This area of Lafayette parish is growing rapidly both commercially (Super 1 Foods, Walmart and surrounding shadow centers, Billy's, etc.) and residentially (multiple subdivisions). The current population of the City of Carencro 9,882 and projected to grow 3.6%, more than double the national average, over the next 5 years. The zip code (70520) has 20,429 residents and is projected to grow 1.85% over the next 5 years. Median Household Income for this area is just under $58,000.Situated at the northeast quadrant of I-49 at the Gloria Switch exit is a developer's dream. The offering, which is 11.278 acres of prime development property, offers the following characteristics that are tough to find in one site: corner lot, at a signalized intersection, on interstate with excellent visibility, vast frontage on two highly trafficked streets and multiple access points. Due to these characteristics, as well as Carencro's growing population and addition of new rooftops, this is an excellent opportunity for a retail development. I49 offers visibility to 75,344 vehicles per day.The subject property for lease is an approximately 15,750 sq foot facility with both shop area and office/showroom space. The property was mostly recently occupied by a car dealership and could easily conform for the same use, vehicle auto related repair, equipment rental, boat or power sport dealership and more. The office area is open showroom style space with multiple workstations, offices and a break area. The shop area is made up of multiple buildings with multiple overhead doors, grade level access. There is also a wash bay and outdoor storage area onsite. Ceiling heights throughout the shop areas are 17.5 feet.