Industrial Flex Facility with Roll-Up
For Lease
$1,200,000
120 Banks Avenue, Lafayette, LA 70506
COMMERCIAL - Lafayette, LA
Space Size18,204 SF
Lot Size1.21 Acres
Days on Market146
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 2, Bathroom 5, Bathroom 4
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
employee area with kitchen, lounge, and storage
5 restrooms
compressed air
upgraded electrical systems
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: Aug 4
Last Checked: Aug 12 at 1:06AM
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.
120 Banks Avenue is an industrial flex facility combining office, manufacturing, and warehouse space under one roof. The building includes over 2,000 square feet of professional office space, a boardroom overlooking the production floor, a 6,000+ square foot climate-controlled manufacturing area with upgraded electrical systems and compressed air, and a dedicated office within the manufacturing area for on-site management. Supporting areas include a 5,300+ square foot warehouse and a 2,400+ square foot garage/workshop with roll-up access, along with an employee area featuring a kitchen, lounge, and storage. The facility also has five restrooms, an internal production-floor boardroom, and four roll-up doors.
The property offers approximately 350 feet of road frontage and is described as about 3 minutes to I-10 for accessibility. Parking includes 25 striped spaces with expansion capacity noted up to approximately 65 spaces.
Zoned IL, the property is positioned in Flood Zone X and Census Tract 6.02. The site is not stated as being in a designated Enterprise Zone; however, Louisiana Enterprise Zone incentives may still be possible based on job creation and employee eligibility, subject to buyer verification.
The property offers approximately 350 feet of road frontage and is described as about 3 minutes to I-10 for accessibility. Parking includes 25 striped spaces with expansion capacity noted up to approximately 65 spaces.
Zoned IL, the property is positioned in Flood Zone X and Census Tract 6.02. The site is not stated as being in a designated Enterprise Zone; however, Louisiana Enterprise Zone incentives may still be possible based on job creation and employee eligibility, subject to buyer verification.
Key Highlights
- +/-18,204 SF commercial facility with 2,000+ SF professional office, a 400 SF boardroom, and 6,000+ SF climate‑controlled manufacturing space
- Manufacturing area features upgraded electrical systems and compressed air, plus on‑site management with a dedicated office within the manufacturing area
- 5,300+ SF warehouse and 2,400+ SF garage/workshop with roll‑up access, along with four roll‑up doors
Property Analytics
Property Profile
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
Market
Lease Benchmarks for Lafayette, LA
$91.99 /SF/Yr
Avg Asking Price
$5.42–$791 /SF/Yr
Price Range
9,360 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex facility with office, climate-controlled production space, warehouse, and multiple roll-up doors.
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 SF commercial facility with 2,000+ SF professional office, a 400 SF boardroom, and 6,000+ SF climate‑controlled manufacturing space; Manufacturing area features upgraded electrical systems and compressed air, plus on‑site management with a dedicated office within the manufacturing area; 5,300+ SF warehouse and 2,400+ SF garage/workshop with roll‑up access, along with four roll‑up doors
