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Oil Center Office Building
For Sale
$1,665,000

128 Demanade Blvd, Lafayette, LA 70503

Three-story office building in the Oil Center district.

Property Size22,700 SF
Price / SF$73.35
Days on Market182

Property Features for 128 Demanade Blvd

General Information

Standard status Active
Size 22,700 SF
Listing Agency: Scout Real Estate Co.
Listed By: Braxton J Higginbotham · License #995709385
Source: Exprealty
Added: Feb 24 Changed: Aug 25 Last Checked: Aug 24 at 10:13AM

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 Scout Real Estate Co.

Investment Insights

Based on property information with market context.

Spire Square is a three-story office building located in the Oil Center district. The building offers approximately 22,700 square feet of space. Interior features include modern finishes, slate flooring, wood flooring, and carpet flooring. Each floor includes a renovated kitchen. Tenants have access to a multimedia conference room and a dedicated concierge-style service room. Parking is available in a shared lot across Demanade Boulevard. The property operates under a full-service lease structure with professional, on-site property management.

Key Highlights

  • Prime location in the heart of the Oil Center district.
  • Updated modern finishes throughout the building.
  • Each floor features its own renovated kitchen.

Property Analytics

Current Use

Rampart Multifamily Management ... Property Management Company Michael Hebert Investigations Law Firm Insight Technologies Security Service Chasy Dupont Massage ... Alternative Medicine Practice Acadiana Profile Magazine ... Publishing House

Suggested Use

Top Pick Building Supply HVAC Service Garden Center Kitchen & Bath Showroom Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,139
Businesses Nearby

Demographics for 70503, LA

27,497
Population
13,052
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,433
Density / Sq Mi
$94,360
Median Household Income
$54,170
Median Earnings
$1,087
Median Rent
$326,800
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building in the Oil Center district.
Where is this office building located?
The property is located at 128 Demanade Blvd Lafayette, LA.
What is the asking price?
The asking price for this property is $1,665,000.
What are key features of this property?
This property features: Prime location in the heart of the Oil Center district.; Updated modern finishes throughout the building.; Each floor features its own renovated kitchen.
More about this property
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