3324 NE Evangeline Thurway

Description

Latter & Blum is pleased to bring to market a very high profile property located in Carencro, LA. The subject property is the former Ranch Outlet retail and feed store. The building is over 37,000 sqft total made up of over 20,000 sqft of retail showroom area and 17,000+ sqft of warehouse and storage. The retail space is mostly wide open with offices, store rooms, an employee lounge and bathrooms. The warehouse area is broken into two different shops, clear span, with 16' eave heights. There is an overhang on the south side of the property with multiple overhead, grade-level doors for loading and unloading. The building sits on +/- 5.5 acres. The Ranch Outlet is located on the interstate in Carencro, LA just to the north of Lafayette. The subject site is located on the frontage road athe 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 8,601 and projected to grow 1.54% annually, more than double the national average, over the next 5 years. The zip code (70520) has 20,103 residents and is projected to grow 1.22% annually over the next 5 years. Median Household Income for this area is just above $53,000.