Industrial Flex
For Lease
$1,200,000
120 Banks Avenue, Lafayette, LA 70506
Commercial Lease, Lafayette, LA
Space Size18,204 SF
Lot Size1.21 Acres
Days on Market191
Property Features for 120 Banks Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
IL
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 5
Parking
65
Parking features
Parking Lot, Off Street
Security features
Security System
Exterior features
Door Sign, Fully Fenced, OH Door < 10 Ft, Roof Sign
Fencing
Full
Subdivision
Roy Estates II
Lot features
Level
Directions
From I-10 Head southeast on Exit 100, Turn right onto US-167, Turn left onto US-90 E, Turn right onto Banks Ave. Building will be on your right.
Standard status
Active
APN
6045923
Size
18,204 SF
Lot size
1.21 Acres
Taxes and HOA fees
Tax Description
Lots 10 11 12 Blk 1 Roy Estates (300X150) Adjacent Strip Of Land (50X150) (More/Less) (Between Lots 12 & 13)
Legal Description
Lots 10 11 12 Blk 1 Roy Estates (300X150) Adjacent Strip Of Land (50X150) (More/Less) (Between Lots 12 & 13)
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
boardroom
kitchen
lounge
Building Details
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Robbie Breaux · License #76395
(337) 658-5690
Added: Mar 20
Changed: Sep 12
Last Checked: Sep 26 at 10:06AM
MLS# 2600002319
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.
Investment Insights
Based on property information with market context.
This 18,204-square-foot flex property combines more than 2,000 square feet of office space with a 400-square-foot boardroom, a 6,000+ square-foot climate-controlled manufacturing area, and a 5,300+ square-foot warehouse. The building also includes a 2,400+ square-foot garage/workshop with roll-up access, an additional management office, an employee area with kitchen, lounge, and storage, and five restrooms. Upgraded electrical service and compressed air serve the manufacturing area, while concrete flooring, central heating, and central air support the interior configuration.
The 1.21-acre property has approximately 350 feet of road frontage, four roll-up doors, 25 striped parking spaces, and full fencing. Parking capacity may expand to approximately 65 spaces. Located at 120 Banks Avenue in Lafayette, the property is approximately 3 minutes from I-10 and is zoned IL. Public water serves the site, and the property is in Flood Zone X and Census Tract 6.02.
The 1.21-acre property has approximately 350 feet of road frontage, four roll-up doors, 25 striped parking spaces, and full fencing. Parking capacity may expand to approximately 65 spaces. Located at 120 Banks Avenue in Lafayette, the property is approximately 3 minutes from I-10 and is zoned IL. Public water serves the site, and the property is in Flood Zone X and Census Tract 6.02.
Key Highlights
- 18,204‑square‑foot flex facility on 1.21 acres
- 6,000+ square‑foot climate‑controlled manufacturing area with upgraded electrical and compressed air
- 5,300+ square‑foot warehouse plus 2,400+ square‑foot garage/workshop
Property Analytics
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Current Use
Lease Details
4
Drive-in doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
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Market
Lease Benchmarks for Lafayette, LA
$10.77 /SF/Yr
Avg Asking Price
$4.11–$26.25 /SF/Yr
Price Range
14,220 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Adaptable industrial space combines offices, manufacturing, warehouse, and workshop areas within one fenced property.
Where is this flex space located?
The property is located at 120 Banks Avenue Lafayette, LA.
What is the lease rate?
The lease rate is $1,200,000.
What are key features of this property?
This property features: 18,204‑square‑foot flex facility on 1.21 acres; 6,000+ square‑foot climate‑controlled manufacturing area with upgraded electrical and compressed air; 5,300+ square‑foot warehouse plus 2,400+ square‑foot garage/workshop
