Johnston Street Self Storage
4605 Johnston Street , Lafayette , LA 70503
$2,300,000
Price
6.22%
Cap Rate
199
Number of Units
30,400
Rentable Square Feet
$11,558
Price Per Unit
$76
Price PSF
High-Visibility Corridor in Lafayette’s Primary Retail & Commuter Spine
145 Non-Climate Controlled Units / 54 Climate Controlled Units / 30,400 Net Rentable Square Feet
84% Physically Occupied / 75% Economically Occupied on a T-7 Current owners recently pushed rents / Buyer can enjoy value add in increasing the economic occupancy
Fully Fenced and Gated with Coded Entry and Exit / Onsite Office / Security Cameras $95,845 worth of Capital Expenditures invested into the facility in 2025 including Signage, New Cameras, Roof Replacements, New Fencing, Electric Gate Access, New Paint, New Lighting
SpaceX to Invest 100 Billion Creating roughly 3,000 Permanent Jobs SpaceX Adds a Transformative Growth Catalyst – SpaceX's expansion into the Lafayette region brings a major new aerospace presence to South Louisiana, strengthening the region's outlook for jobs, investment, population growth and supporting businesses.
Major Investment & Job Growth – Lafayette continues attracting substantial investment, including MMR Group's $55.2M expansion, projected to support 531 direct and indirect jobs, alongside continued manufacturing and technology growth.
Strong Economic & Employment Base – Lafayette anchors the nine-parish Acadiana region, supported by healthcare, education, energy, manufacturing and technology, with major employers including Ochsner, UL Lafayette, Amazon, Stuller and CGI.
Prime Johnston Street Position Along Lafayette's Dominant Commercial Corridor
High-Traffic US-167 Location – Positioned directly on Johnston Street/US-167, one of Lafayette's busiest commercial corridors, with nearby Johnston Street locations reporting approximately 36,000–39,000+ vehicles per day.
Exceptional Retail Traffic Generators – Minutes from the Johnston/Ambassador retail hub featuring Acadiana Mall, Walmart, Sam's Club, The Home Depot, Lowe's, Target, Best Buy and numerous restaurants and retailers.
Outstanding Regional Connectivity – US-167 provides direct access through Lafayette with convenient connectivity to I-10, I-49, Ambassador Caffery Parkway and US-90, linking the property throughout Acadiana and South Louisiana.
Surrounded by Major Demand Drivers – The Johnston corridor serves UL Lafayette, Moncus Park, Acadiana Mall, major healthcare systems and dense residential neighborhoods, generating consistent traffic from residents, employees, students and visitors.
Offering Memorandum
Michael Morrison
Broker-In-Charge
(803) 600-0602
Michael@SuperiorCapitalAdvisors.com
SC:58247,NC:360061,GA:283465,MS:C-24484
Matt Porter
Managing Broker
(601) 214-8146
Mporter@superiorcapitaladvisors.com
MS B-23509
Location & Neighborhood
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