Two-Suite Mixed-Use
For Sale
$399,000
108 Executive Dr, Lake Charles, LA 70611
Acadian-style building with a renovated suite and an existing dental-office configuration.
Property Size2,620 SF
Price / SF$152.29
Days on Market75
Property Features for 108 Executive Dr
General Information
Standard status
Active
Size
2,620 SF
Additional Details
Highway Access
Yes
Office Units
2
Building Details
Buildings
1
Construction
Acadian-style
Tenancy
Multi
Listing Agency:
Bricks & Mortar- Real Estate
Listed By:
Sophia Rasile · License #72357
(337) 302-2111
Source:
Athomerealtyla
Added: Aug 2
Changed: Oct 12
Last Checked: Oct 7 at 2:08PM
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 Bricks & Mortar- Real Estate
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Investment Insights
Based on property information with market context.
This 2,620-square-foot Acadian-style commercial building contains two separate suites measuring 1,500 square feet and 1,120 square feet. One suite is occupied by a dental practice and includes five exam rooms, a lobby, reception area, office, storage rooms, and a restroom. The other suite was recently renovated and is currently unoccupied, with an entry area, open flex space, two private offices, kitchen, and restroom.
The property is located at 108 Executive Dr in the Moss Bluff business district, a few feet from Sam Houston Jones Pkwy and near the intersection of Highway 171 and Sam Houston Jones Pkwy. Its configuration supports office, retail, and medical-oriented commercial use, subject to applicable requirements.
The property is located at 108 Executive Dr in the Moss Bluff business district, a few feet from Sam Houston Jones Pkwy and near the intersection of Highway 171 and Sam Houston Jones Pkwy. Its configuration supports office, retail, and medical-oriented commercial use, subject to applicable requirements.
Key Highlights
- 2,620‑square‑foot building with two separate commercial suites
- Suite sizes of 1,500 square feet and 1,120 square feet
- Dental‑office buildout includes 5 exam rooms, lobby, reception, office, storage rooms, and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,663
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,260
$693.3K
Cap Rate 7%
$495,186
$495.2K
Cap Rate 9%
$385,144
$385.1K
Market Conditions
NOI Build-Up for 2,620 SF
Gross rent
$66.0K $25.20/SF
− Vacancy
−$8.3K −$3.15/SF
EGI
$57.8K $22.05/SF
− OpEx
−$23.1K −$8.82/SF
NOI
$34.7K $13.23/SF
Area
Calcasieu County, LA
Vacancy
12.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,260
Cap Rate 7%
$495,186
Cap Rate 9%
$385,144
Alternative Uses
Best Use
Healthcare Medical
$495.2K
$433.3K – $577.7K
NOI $34,663 @ 7.0% cap · market cap 8.69%
Second Best
Mixed Use
$328.4K
$287.4K – $383.2K
NOI $22,991 @ 7.0% cap · market cap 5.76%
Theoretical Best
Specialty Retail
$564.7K
$494.2K – $658.9K
NOI $39,532 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 70611, LA
22,457
Population
8,971
Households
2.5
Avg Household Size
37
Median Age
30%
College-Educated
91%
High-School Grad
81.7 sq mi
ZIP Area
275
Density / Sq Mi
$101,146
Median Household Income
$56,450
Median Earnings
$1,241
Median Rent
$249,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Acadian-style building with a renovated suite and an existing dental-office configuration.
Where is this mixed-use property located?
The property is located at 108 Executive Dr Lake Charles, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,620‑square‑foot building with two separate commercial suites; Suite sizes of 1,500 square feet and 1,120 square feet; Dental‑office buildout includes 5 exam rooms, lobby, reception, office, storage rooms, and restroom
