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Flex Space with Warehouse Yard
New
For Lease
$20,000/Mo

1005 Saadi St, Houma, LA 70363

Remodeled office areas sit alongside warehouse and work space, with additional offices and yard area.

Space SizeContact for details
Days on Market3

Property Features for 1005 Saadi St

General Information

Standard status Active

Space & Availability

Divisible Yes
Space Use Warehouse

Additional Details

Outdoor Storage Yes
Listing Agency: Good Earth Realty, Inc.
Listed By: Shirin Nail/ Cynthia Pellegrin · License #20592
Source: Smithsquared
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Good Earth Realty, Inc.

Investment Insights

Based on property information with market context.

This 13,615-square-foot flex property combines a main office building with warehouse and work areas. The main building has seven offices and a recently remodeled interior, plus a large room previously used for training. Ten more offices are located off the warehouse. Some of the yard has a stabilized surface, and parking and yard space are available.

The property has direct access to the Intracoastal near the Navigational Canal. Bulkheading is configured for large vessels, and the site extends approximately 500 feet along the Intracoastal and Saadi Street. The lease offering includes 1001, 1005, 1007, 1011, and 1013 Saadi Street.

Key Highlights

  • 13,615‑square‑foot flex property with warehouse and work areas
  • Seven offices in the main building and 10 additional offices off the warehouse
  • Recently remodeled main office and a large former training room

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70363, LA

25,319
Population
10,449
Households
2.4
Avg Household Size
36
Median Age
8%
College-Educated
75%
High-School Grad
78.4 sq mi
ZIP Area
323
Density / Sq Mi
$44,828
Median Household Income
$33,176
Median Earnings
$1,054
Median Rent
$143,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Houma, LA

$9.34 /SF/Yr
Avg Asking Price
$3.02–$17.63 /SF/Yr
Price Range
13,414 SF
Avg Space Size

This space is priced 89% above the average of $9.34 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Remodeled office areas sit alongside warehouse and work space, with additional offices and yard area.
Where is this flex space located?
The property is located at 1005 Saadi St Houma, LA.
What is the lease rate?
The lease rate is $20,000/Mo.
What are key features of this property?
This property features: 13,615‑square‑foot flex property with warehouse and work areas; Seven offices in the main building and 10 additional offices off the warehouse; Recently remodeled main office and a large former training room
More about this property
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