Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    116/114 Nolan Rd Broussard, LA 70518

    Sponsored
    For Lease
    $11,600 /Mo ($10 SF/Yr)

    Industrial - Broussard, LA

    Type:Industrial
    Property size:
    13,410 SF
    Lot size:
    1.07 Acres
    Days on Market:
    37
    Last Refresh:
    Feb 7 at 5:06 pm

    Property Features for 116/114 Nolan Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    I-1
    Parking features
    Parking Lot
    Exterior features
    Door Sign, Oh Door 10 - 15 Ft
    Size
    13,410 SF
    Lot size
    1.07 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Caitlyn Williams

    The Gleason Group (337) 262-7873

    Listing agent Caitlyn Williams (337) 262-7873

    Listing date Jan 2, 2026

    MLS# 2500006125 Listing URL

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Broussard Industrial Space For Lease

    Available for lease is approximately 13,410 square feet of industrial space located off Highway 90 on Nolan Road in Broussard, Louisiana. The property at 116 Nolan Road includes approximately 5,633 square feet of warehouse space with one overhead door, a restroom, and a storage closet or small office space. The office area spans approximately 1,527 square feet and features an open showroom or retail area, office space, and two restrooms. Recent updates to the building include new interior paint, cleaning, and 100% LED interior and exterior lighting. A 5-ton AC unit with a WIFI thermostat and a working hydraulic overhead door are also included. The building is pre-wired for AT&T fiber. Adjacent to 116 Nolan Road is 114 Nolan, a brand new space offering an additional 6,250 square feet. There are five storage units totaling approximately 1,250 square feet, providing substantial flex room. The property is zoned I-1 and sits on a 1.07-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Auto Repair Shop Building Supply Big Box & Wholesale Store Pharmacy Auto Parts Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Broussard
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.9714345
    Latitude
    30.1655748

    Nearby Similar for Lease

    • $39,750
      58,025 SF

      Broussard Industrial Facility For Rent

      Industrial facility with highway frontage in excellent condition for lease.
      1081 Aillet Rd, Broussard, LA 70518
      View Details
    • New
      $1.00 SF/Yr
      15,000 SF

      Broussard Industrial/Office Space For Rent

      Industrial and office space in a desirable Acadiana corridor.
      102 Cason Rd, Broussard, LA 70518
      View Details
    • New
      $11 SF/Yr
      6,000 SF

      New Industrial Building in Broussard

      New 6,000 SF industrial building with office space.
      102 Ibex Ln, Broussard, LA 70518
      View Details
    • $4,800 /Mo
      5,200 SF

      Renovated Office and Warehouse Space

      Modern, furnished office and warehouse space available for lease.
      200 Woodland Dr, Broussard, LA 70518
      View Details
    • $13,750 /Mo
      13,755 SF

      New Industrial Facility in Broussard

      New 13,755 SF warehouse/office facility on 1.7 acres.
      200 Oil Patch Rd, Broussard, LA 70518
      View Details
    • $3,800 /Mo
      6,500 SF

      Broussard Industrial Facility For Rent

      6,500 SF industrial facility with office, warehouse, and laydown yard.
      210 Derrick Rd, Broussard, LA 70518
      View Details
    • $4,300 /Mo
      7,160 SF

      Broussard Industrial Space For Lease

      7,160 SF industrial space with showroom/retail area for lease.
      116 Nolan Rd, Broussard, LA 70518
      View Details
    • $9,450 /Mo
      18,900 SF

      Broussard Warehouse Space For Rent

      18,900 SF warehouse with cranes and covered parking.
      6201 E Highway 90 E, Broussard, LA 70518
      View Details
    • $1,300 /Mo
      2,000 SF

      Broussard Industrial Warehouse For Lease

      Industrial warehouse in Broussard's industrial park, ideal for various businesses.
      302 Tideland Rd, Broussard, LA 70518
      View Details
    • $2,300 /Mo
      4,000 SF

      Broussard Warehouse/Office Space Available

      4,000 SF warehouse/office space for lease in Broussard, LA.
      204 Burgess Dr, Broussard, LA 70518
      View Details
    • $1,500 /Mo
      1,250 SF

      Broussard Retail Space For Lease

      Centrally located commercial space available for immediate occupancy.
      109 Windfall Dr, Broussard, LA 70518
      View Details
    • $1,200 /Mo
      1,350 SF

      Retail/Industrial Space Near Highway 90

      Versatile space suitable for retail or light industrial use.
      1000 Albertson Pkwy, Broussard, LA 70518
      View Details

    FAQs

    What type of property is this?
    Flex space - 13,410 SF industrial space available for lease in Broussard.
    Where is this flex space located?
    The property is located at 116/114 Nolan Rd Broussard, LA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - +/- 13,410 SF of total industrial space with flexible configurations; - Convenient location off HWY 90 on Nolan Road; - Recent updates including new interior paint, cleaning, and 100% LED lighting
    (337) 262-7873
    Request Owner's contact information
    116/114 Nolan Rd Broussard, LA 70518
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    116/114 Nolan Rd
    Broussard, LA 70518
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116/114 Nolan Rd Broussard, LA 70518
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Caitlyn Williams
    (337) 262-7873
    Learn more
    Google sign-in failed. Please try again or use another login method.