1605 N University Ave, Lafayette, LA 70506

For Sale: Prime Gas Station Development Site

1605 N University Ave | Lafayette, LA

Exceptional opportunity to develop a high-volume gas station and convenience store along North University Avenue (US-90 Business), one of Lafayette’s most dominant retail and commuter corridors. This infill site offers strong visibility, high traffic exposure, and limited competition from new development sites, making it ideal for a branded fuel operator or investor seeking long-term cash flow.

Positioned in a dense residential and commercial trade area, the property benefits from consistent daily traffic, nearby schools, national retailers, and employment centers—driving steady fuel demand and repeat convenience store business.

Investment Highlights

• Major Arterial Frontage: High visibility along N University Ave (primary north-south corridor)

• Strong Traffic Counts: Estimated 200,000 + vehicles per day (AADT)

• Infill Development Site: Limited remaining parcels along this established retail corridor

• Excellent Access: Ideal layout for full movement and easy ingress/egress

• Dense Population Base: Strong 1-, 3-, and 5-mile demographics supporting fuel and retail demand

• Multiple Revenue Streams: Fuel sales + C-store + potential QSR integration

Conceptual Development Program

• 8–12 Fuel Pumps (multi-island configuration)

• 3,500 – 5,500 SF Convenience Store

• Branded Fuel Canopy + Modern Design

• Optional QSR Pad or Drive-Thru Component (tremendous upside)

This site is ideally positioned for:

• Ground Lease to National Operator (passive income play)

• Build-to-Suit for Brands like:

  • Chevron

  • Shell

  • Exxon

  • Circle K

  • 7-Eleven