Listing Agency: Scout Real Estate Co. b***@scoutrec.com Show Phone

Listed By: Braxton J Higginbotham · License #9957099385 Show Phone

Source: Exprealty

Added: Jul 15, 2024 Changed: Jul 10 Last Checked: Jul 29 at 8:05PM

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Investment Insights

Based on property information with market context.

Key Highlights

• Executive suite office on W Pinhook Rd undergoing renovation
• Centrally located near Ochsner Lafayette General
• Near University of Lafayette

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Bakery Butcher (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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

$2.55 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,761

Businesses Nearby

Explore this area Business Placement

Demographics for 70501, LA

28,721

Population

12,657

Households

2.3

Avg Household Size

38

Median Age

16%

College-Educated

78%

High-School Grad

15.3 sq mi

ZIP Area

1,877

Density / Sq Mi

$31,723

Median Household Income

$25,281

Median Earnings

$867

Median Rent

$117,200

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 28% 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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

Where is this office units located?

The property is located at 210-k-1405 W Pinhook Rd Lafayette, LA.

What is the lease rate?

The lease rate is $355.50 /Mo.

What are key features of this property?

This property features: Executive suite office on W Pinhook Rd undergoing renovation; Centrally located near Ochsner Lafayette General; Near University of Lafayette