3324 NE Evangeline Thruway Listing Details & Market Data

The property is located on the interstate in Carencro, LA just to the north of Lafayette. 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.