Climatized Office/Warehouse Facility For
For Lease
$8.50 SF/Yr
1196 Petroleum Pkwy, Broussard, LA 70518
32,114 SF office/warehouse with climate control and functional layout.
Space SizeContact for details
Property Size32,114 SF
Days on Market169
Property Features for 1196 Petroleum Pkwy
General Information
Standard status
Active
Size
32,114 SF
Class
C
Property subtype
Industrial
Lease Term
NNN
Building Details
Building Size
32,114 SF
Year Built
2006
Listing Agency:
Lee & Associates - Lafayette
(318) 366-6064
Listed By:
Clinton Shepard, SIOR, CCIM · License #995698987
(318) 366-6064
Source:
Lee-associates
Added: Mar 6
Changed: Aug 14
Last Checked: Aug 22 at 3:39AM
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 Lee & Associates - Lafayette
Investment Insights
Based on property information with market context.
This approximately 32,114 square foot fully climatized office/warehouse facility, situated on Petroleum Parkway, provides a functional layout suitable for various users. The property features approximately 7,606 square feet of office space and approximately 22,131 square feet of climate-controlled warehouse space, complemented by a 2,377 square foot covered overhang. The office area includes a reception/waiting area, 26 private offices, two conference rooms, a breakroom, a file room, and four restrooms. The warehouse, also fully climate controlled, contains multiple separated work areas, six additional offices, a breakroom, mezzanine storage, and two restrooms. The warehouse has 20-foot eaves and five 12-foot by 14-foot overhead doors, plus a wash-rack. The property has a concrete, fenced yard and 3-phase, 280V power. Located within SMEDA Industrial Park in Broussard, Louisiana, the property is approximately 0.4 miles from Highway 90 East and approximately 14 miles from the Interstate 10 / Interstate 49 split, offering connectivity to major regional transportation corridors throughout South Louisiana and neighboring states. The building is currently under lease and can be made available within approximately 90 days.
Key Highlights
- ±32,114 SF fully climatized office/warehouse facility.
- Benefit from ±22,131 SF of climate‑controlled warehouse space with 20’ eaves.
- Located ±0.4 miles off Highway 90 East, providing connectivity to major transportation corridors.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70518, LA
16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
Median Home Value
Market
Lease Benchmarks for Broussard, LA
$8.61 /SF/Yr
Avg Asking Price
$4.07–$12.78 /SF/Yr
Price Range
10,050 SF
Avg Space Size
This space is priced 1% below the average of $8.61 /SF/Yr.
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 - 32,114 SF office/warehouse with climate control and functional layout.
Where is this flex space located?
The property is located at 1196 Petroleum Pkwy Broussard, LA.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: ±32,114 SF fully climatized office/warehouse facility.; Benefit from ±22,131 SF of climate‑controlled warehouse space with 20’ eaves.; Located ±0.4 miles off Highway 90 East, providing connectivity to major transportation corridors.
