Multi-Tenant Commercial Building with
1501 W Pinhook Road, Lafayette, LA 70503
New
COMMERCIAL - Lafayette, LA
Property size:
6,178 SFLot size:
0.97 AcresPrice / SF:
$242/SF- Added:
- Jun 24, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 25 at 9:06 am
Property Features for 1501 W Pinhook Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMERCIAL
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Parking Lot, Off Street
- Exterior features
- Door Sign, Partially Fenced
- Fencing
- Partial
- Standard status
- Active
- APN
- 6181509
- Size
- 6,178 SF
- Lot size
- 0.97 Acres
Taxes and HOA fees
- Tax Description
- PARCEL A SEC 47 T10S R4E (0.974 AC) (2024-15673 PLAT)
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Roof type
- Metal
Listing agent Wesley H Hebert License #995681629 (337) 258-5062
Listing office Scout Real Estate Co. 617 S Buchanan Street, Lafayette, LA (337) 443-0880
Listing date Jun 24, 2026
MLS# 2600005705
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.
HighLights
- Built in 2020, +/-6,178 SF multi‑tenant commercial building on W. Pinhook Road with central heating and central air
- Three suites with flexible uses: Suite 100 +/-1,805 SF end‑cap retail with a drive‑thru window
- Suite 101 +/-1,305 SF warm gray shell with HVAC, electrical service, and restroom stub‑outs
- Suite 102 +/-3,068 SF never‑occupied, fully built medical office with six patient exam rooms plus lined X‑ray room and secure RX room
- Secure medical and customer‑ready amenities in Suite 102 include laboratory, employee restroom, drug testing restroom, kitchen, checkout station, children’s play area, and two public restrooms
- Parking lot with off‑street parking and partially fenced exterior; public water and metal roof
Overview
Built in 2020, this approximately 6,178 SF multi-tenant commercial building is configured as three distinct suites designed to support a range of uses. Suite 100 offers end-cap retail space with a drive-thru window. Suite 101 is warm gray shell space with HVAC, electrical service, and restroom stub-outs already in place for faster customization. Suite 102 is never-occupied and fully built out as a medical office, including six patient exam rooms, a lined X-ray room, secure RX room, laboratory space, employee restroom, drug testing restroom, kitchen, checkout station, children’s play area, and two public restrooms.
The building is located along W. Pinhook Road, one of Lafayette’s highest-trafficked corridors, with approximately 25,000 vehicles per day and strong visibility. It is positioned next to the DoubleTree by Hilton and directly behind The Pointe at Pinhook student housing community, which contains approximately 585 beds. Access is described as convenient, with the property less than two miles from Highway 90 and approximately five miles from Interstate 10.
With three separate suites, the property can support multiple ownership strategies, including full owner occupancy, partial owner occupancy with supplemental rental income, or traditional multi-tenant operation. The combination of retail and medical-ready improvements makes it suitable for owner-users, medical operators, and retailers seeking a purpose-built configuration in a high-activity area.
The building is located along W. Pinhook Road, one of Lafayette’s highest-trafficked corridors, with approximately 25,000 vehicles per day and strong visibility. It is positioned next to the DoubleTree by Hilton and directly behind The Pointe at Pinhook student housing community, which contains approximately 585 beds. Access is described as convenient, with the property less than two miles from Highway 90 and approximately five miles from Interstate 10.
With three separate suites, the property can support multiple ownership strategies, including full owner occupancy, partial owner occupancy with supplemental rental income, or traditional multi-tenant operation. The combination of retail and medical-ready improvements makes it suitable for owner-users, medical operators, and retailers seeking a purpose-built configuration in a high-activity area.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.4k | $18.84 |
| − Vacancy | −$9.4k | −$1.51 |
| EGI | $107.0k | $17.33 |
| − OpEx | −$32.1k | −$5.20 |
| NOI | $74.9k | $12.13 |
6,178 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$936.6K – $1.25M
NOI $74,925 @ 7.0% cap · market cap 5.00%
Second Best
Office B
$1.03M
$898.7K – $1.20M
NOI $71,893 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,248 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Andrew Patrick Hebert
Physician
PJ's Coffee
Cafe & Coffee Shop
Dr. Jeremy Knott
Pediatrician
Similar Places Nearby
- St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
- Aleksandar Raicevic - St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
- Lonnie Randall - St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
- Blythe Lyons - St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
- Lyons Blythe DVM — 151 s beadle rd, lafayette, la 70508
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.015385
- Latitude
- 30.197522
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Newer 2020-built three-suite property with a drive-thru window and an in-place medical office buildout.
Where is this medical office space located?
The property is located at 1501 W Pinhook Road Lafayette, LA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Built in 2020, +/-6,178 SF multi‑tenant commercial building on W. Pinhook Road with central heating and central air; Three suites with flexible uses: Suite 100 +/-1,805 SF end‑cap retail with a drive‑thru window; Suite 101 +/-1,305 SF warm gray shell with HVAC, electrical service, and restroom stub‑outs
