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Two-Story Professional Office Building

1605 W Pinhook Rd Lafayette, LA 70501

Claim this Listing
For Sale
$2,200,000

Two-story office building with atrium and ample parking access for a convenient corporate workplace.

Property size:
13,362 SF
Price / SF:
$164/SF
Added:
Oct 21, 2025
Days on Market:
264
Last Refresh:
Jun 13 at 4:07 am

Property Features for 1605 W Pinhook Rd

General Information

Standard status
Active
Size
13,362 SF

Listing office Scout Real Estate Co.

Listing date Oct 21, 2025

Source Exprealty

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.

This two-story professional office building offers a prominent atrium, multiple private offices, and generous cubicle workspace. The layout is designed to support a mix of individual and team-focused work areas within a single building.

The property is located on W Pinhook Rd and provides ample parking. Parking access is available from both W. Pinhook and La Rue France, supporting convenient arrival for employees and visitors.

For buyers seeking an established office environment, the combination of private office rooms, cubicle space, and a central atrium can support a range of professional and corporate uses. Its straightforward parking access from two directions is also a practical fit for day-to-day operations and client visits along Lafayette’s business corridor.

Key Highlights

  • 13,362 SF two‑story professional office building with an impressive atrium
  • Multiple private offices plus generous cubicle space
  • Multiple parking access points with lots accessible from W Pinhook Rd and La Rue France

Local Financial Insights For Office B

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 $240.5k $18.00
− Vacancy −$33.2k −$2.48
EGI $207.3k $15.52
− OpEx −$51.8k −$3.88
NOI $155.5k $11.64
13,362 SF · lease $18.00/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.22M
$1.94M – $2.59M (±1% cap)
NOI $155,494 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.16M
$2.76M – $3.69M (±1% cap)
NOI $221,146 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Engineering Corporation of La Engineering Consultant

Suggested Use

Garden Center HVAC Service Auto Parts Store Electrical Service Grocery & Convenience Store Kitchen & Bath Showroom Grocery & Convenience Store Parking Lot & Garage Food Market Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two-story office building with atrium and ample parking access for a convenient corporate workplace.
Where is this office building located?
The property is located at 1605 W Pinhook Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 13,362 SF two‑story professional office building with an impressive atrium; Multiple private offices plus generous cubicle space; Multiple parking access points with lots accessible from W Pinhook Rd and La Rue France
Contact an agent
More about this property
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