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Renovated Office Suite
New
For Lease
$16 SF/Yr

202-151 Southpark Rd, Lafayette, LA 70508

A single-office layout may be divided into two smaller offices.

Space SizeContact for details
Days on Market6

Property Features for 202-151 Southpark Rd

General Information

Standard status Active

Space & Availability

Divisible Yes
Space Use Office
Private Offices 1
Listing Agency: The Gleason Group
Listed By: Nicole Broussard · License #995708478
Source: Exprealty
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 26 at 10:06AM

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 The Gleason Group

Investment Insights

Based on property information with market context.

Suite 202 contains 615 square feet in an office building at 151 Southpark Rd in Lafayette. The recently renovated space is arranged as one office and can be separated into two smaller offices.

Occupants have access to amenities at SouthPark Tower.

Key Highlights

  • 615‑square‑foot office suite
  • Recently renovated office building
  • Suite 202 at 151 Southpark Rd in Lafayette

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Garden Center Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

422
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

Market

Lease Benchmarks for Lafayette, LA

$32.3 /SF/Yr
Avg Asking Price
$1.02–$290 /SF/Yr
Price Range
4,566 SF
Avg Space Size

This space is priced 50% below the average of $32.3 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - A single-office layout may be divided into two smaller offices.
Where is this office units located?
The property is located at 202-151 Southpark Rd Lafayette, LA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 615‑square‑foot office suite; Recently renovated office building; Suite 202 at 151 Southpark Rd in Lafayette
More about this property
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