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Fully Leased Office Condo
For Sale
$1,295,000

1921 Kaliste Saloom Road Ste 202A, Lafayette, LA 70508

Office condominium with an NNN lease and established commercial surroundings near River Ranch.

Property SizeContact for details
Days on Market32

Property Features for 1921 Kaliste Saloom Road Ste 202A

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 7.4%

Building Details

Tenancy Single
Listing Agency: ELIFIN Realty
Listed By: Fabian Edwards, JD/DCL
Source: Elifinrealty
Added: Aug 14 Changed: Sep 7 Last Checked: Sep 14 at 8:28AM

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 ELIFIN Realty

Investment Insights

Based on property information with market context.

Suite 202A at 1921 Kaliste Saloom Road is an office condominium occupied by Ameriprise under an NNN lease. The tenancy runs through March 31, 2029, providing a defined lease term for the next owner. The property is located within Parc Lafayette, a commercial setting near the River Ranch area.

The surrounding corridor includes shopping, dining, office and medical uses, along with higher-end residential development. The location also places the suite within an established mix of commercial and residential activity in Lafayette. The property is offered as a leased office investment with a stated 7.4% cap rate.

Key Highlights

  • Office condo at 1921 Kaliste Saloom Road, Suite 202A
  • Leased through March 31, 2029
  • NNN lease structure

Property Analytics

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Current Use

Armentor Jewelers (Bike/Boat/Book/etc) Store Hard Money Lenders ... Loan Service Acadiana Center for Natural ... Alternative Medicine Practice Quality Plus Insurance Insurance Agency Pete Nicolosi & Associates Insurance Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Auto Repair Shop Auto Parts Store Parking Lot & Garage

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office units - Office condominium with an NNN lease and established commercial surroundings near River Ranch.
Where is this office units located?
The property is located at 1921 Kaliste Saloom Road Ste 202A Lafayette, LA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Office condo at 1921 Kaliste Saloom Road, Suite 202A; Leased through March 31, 2029; NNN lease structure
More about this property
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