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Flex Space with Office Buildout
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111 Marcon Drive, Lafayette, LA 70507

Commercial Lease, Lafayette, LA

Space Size7,200 SF
Lot Size0.48 Acres
Days on Market462

Property Features for 111 Marcon Drive

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Exterior features OH Door 10 - 15 Ft, Roof Sign
Subdivision Marcon Ind. Pk
Directions Proceed north on University, north of Ambassador Caffery, to Marcon Drive on the left.
Standard status Active
APN 6043070
Size 7,200 SF
Lot size 0.48 Acres

Taxes and HOA fees

Tax Description Lot 6, Marcon Industrial Park, Phase I
Legal Description Lot 6, Marcon Industrial Park, Phase I

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Flooring type Tile - Ceramic
Roof type Metal
Listing Agency: The Lolley Group, LLC
Listed By: Randy Lolley · License #99563194
Added: Jul 14, 2025 Changed: Oct 8 Last Checked: Oct 18 at 7:06AM
MLS# 2500001284

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.

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Investment Insights

Based on property information with market context.

This 7,200-square-foot flex building at 111 Marcon Drive combines office and warehouse space. The office layout includes three offices, two restrooms, a lobby, and a large breakroom with kitchen space. Improvements include replacement exterior metal, a new metal roof, a renovated interior, and a concrete parking area. Three-phase power is planned. Three overhead doors, each 14 feet tall, provide access to the warehouse area.

Key Highlights

  • 7,200‑square‑foot flex building on a 0.48‑acre lot
  • Three front overhead doors, each 14 feet tall
  • Three‑phase power planned

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Hair Salon Law Firm Auto Parts Store Spa & Massage Center Storage Facility

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

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70507, LA

17,791
Population
8,133
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
831
Density / Sq Mi
$64,010
Median Household Income
$40,700
Median Earnings
$937
Median Rent
$206,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lafayette, LA

$11.27 /SF/Yr
Avg Asking Price
$4.34–$26.25 /SF/Yr
Price Range
13,715 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Flex space - The office portion includes three private offices, two restrooms, a lobby, and a breakroom-kitchen area.
Where is this flex space located?
The property is located at 111 Marcon Drive Lafayette, LA.
What are key features of this property?
This property features: 7,200‑square‑foot flex building on a 0.48‑acre lot; Three front overhead doors, each 14 feet tall; Three‑phase power planned
More about this property
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