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Ground-Level Office Condo
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1101 Hugh Wallis Rd S, Lafayette, LA 70508

Ground-level office condo available in New Center Commons, offered on a modified gross lease structure.

Property Size1,100 SF
Days on Market158

Property Features for 1101 Hugh Wallis Rd S

General Information

Standard status Active
Size 1,100 SF
Property subtype OFFICE
Lease Type SF/mo

Additional Details

Highway Access Yes
Listing Agency: Elifin Realty
Listed By: Sam Johns · License #995718912
Source: Moodyscre
Added: Feb 23 Changed: Jul 26 Last Checked: Jul 30 at 11:14AM

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 Elifin Realty

Investment Insights

Based on property information with market context.

This ground-level office condo is located within the New Center Commons office park. The space is offered for rent on a modified gross lease type.

The property is positioned near Lafayette Regional Airport and US 90, providing convenient access for day-to-day business operations.

As a ground-level office unit, it offers a straightforward setup within the office park environment.

Key Highlights

  • Ground‑level office condo in the New Center Commons office park
  • Available with a modified gross lease structure
  • Convenient location near Lafayette Regional Airport and US 90

Property Analytics

Current Use

James F Hardwick ... Geological Service Geoland Graphics Renovation Specialist Electronic Payment Services Bank Nantim Energy Inc Government Boudreaux & Hebert Certified ... Accounting Firm

Suggested Use

Top Pick Locksmith Parking Lot & Garage Catering Service Electrical Service Daycare Center (Bike/Boat/Book/etc) Store

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

Yes
Highway access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,315
Businesses Nearby

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$23.52 /SF/Yr
Avg Asking Price
$2.6–$266 /SF/Yr
Price Range
3,353 SF
Avg Space Size

This space is priced 45% below the average of $23.52 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Ground-level office condo available in New Center Commons, offered on a modified gross lease structure.
Where is this office units located?
The property is located at 1101 Hugh Wallis Rd S Lafayette, LA.
What is the lease rate?
The lease rate is $1,175 /Mo.
What are key features of this property?
This property features: Ground‑level office condo in the New Center Commons office park; Available with a modified gross lease structure; Convenient location near Lafayette Regional Airport and US 90
(225) 223-9789 Call to check price and availability
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