Fully Equipped Office and Training
200 Galbert Road Lafayette, LA 70506
200 Galbert Road, Lafayette, LA, 70506
Contact for pricing
For Sale
Contact for pricing
Two-building campus includes offices, training rooms, warehouse/shop space, and substantial parking for operational continuity.
Property Size45,326 SF
Lot Size4.71 Acres
Price / SF$79.42
Days on Market52
Property Features for 200 Galbert Road
General Information
- Standard status
- Active
- Size
- 45,326 SF
- Lot size
- 4.71 Acres
- Property subtype
- Office, Industrial, Special Purpose
Building Details
- Year Built
- 1986
Listing agency
NAI Rampart
(337) 278-6444
Listed by
Dexter Shill · License #LA SALE.0995690002-ACT
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 12:10PM
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 NAI Rampart
Investment Insights
Based on property information with market context.
200 Galbert Road is a two-building office and training campus offering a fully equipped work environment alongside warehouse/shop space. The office component features more than 40 private offices, six training rooms, and three conference rooms, each equipped with digital calendar management systems. Amenities include a recreation lounge, fitness center, medical stations, and a full commercial kitchen with dining hall. Dormitory accommodations support up to 68 occupants, and the site also includes warehouse/shop space to support a wider range of operational needs.
The property spans approximately 4.71 acres and is supported by professional landscaping and ample controlled-access parking, totaling 155 spaces including 10 oversized truck stalls. Industrial improvements include two 10-ton jib cranes and a 150-gallon, 220-amp air compressor. The facility is generator-ready with the ability to connect to a portable generator capable of powering the entire property. HVAC and building systems have been maintained and upgraded, including a 125-ton Trane HVAC system installed in 2012 with onsite DDC integration, and a hydraulic elevator upgraded in 2017 and remaining under warranty.
This setup is well suited for organizations seeking an on-site combination of office administration, structured training, and light industrial or service functions under one roof. The combination of significant parking, truck-oriented stalls, and warehouse/shop space can support day-to-day operations as well as staff and visitor needs for training and program delivery.
The property spans approximately 4.71 acres and is supported by professional landscaping and ample controlled-access parking, totaling 155 spaces including 10 oversized truck stalls. Industrial improvements include two 10-ton jib cranes and a 150-gallon, 220-amp air compressor. The facility is generator-ready with the ability to connect to a portable generator capable of powering the entire property. HVAC and building systems have been maintained and upgraded, including a 125-ton Trane HVAC system installed in 2012 with onsite DDC integration, and a hydraulic elevator upgraded in 2017 and remaining under warranty.
This setup is well suited for organizations seeking an on-site combination of office administration, structured training, and light industrial or service functions under one roof. The combination of significant parking, truck-oriented stalls, and warehouse/shop space can support day-to-day operations as well as staff and visitor needs for training and program delivery.
Key Highlights
- Two‑building office and training campus on approx. 4.71 acres with more than 40 private offices, six training rooms, and three conference rooms
- Full facility amenities include a recreation lounge, fitness center, medical stations, and a full commercial kitchen with dining hall
- Dormitory accommodations for up to 68 occupants plus controlled‑access parking for 155 vehicles, including 10 oversized truck stalls
Local Financial Insights For Warehouse
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 | $320.9k | $7.08 |
| − Vacancy | −$15.4k | −$0.34 |
| EGI | $305.5k | $6.74 |
| − OpEx | −$45.8k | −$1.01 |
| NOI | $259.7k | $5.73 |
45,326 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$7.54M
$6.59M – $8.79M
NOI $527,459 @ 7.0% cap · market cap 14.65%
Second Best
Warehouse
$3.71M
$3.25M – $4.33M
NOI $259,679 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$10.72M
$9.38M – $12.50M
NOI $750,163 @ 7.0% cap · market cap 20.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Tree of Knowledge
High School
Employee Resource Training ...
Training Center
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FAQs
What type of property is this?
Flex space - Two-building campus includes offices, training rooms, warehouse/shop space, and substantial parking for operational continuity.
Where is this flex space located?
The property is located at 200 Galbert Road Lafayette, LA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Two‑building office and training campus on approx. 4.71 acres with more than 40 private offices, six training rooms, and three conference rooms; Full facility amenities include a recreation lounge, fitness center, medical stations, and a full commercial kitchen with dining hall; Dormitory accommodations for up to 68 occupants plus controlled‑access parking for 155 vehicles, including 10 oversized truck stalls
