Retail Space with Warehouse

211 Guilbeau Rd, Lafayette, LA 70506

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For Sale

$1,000,000

Retail space with warehouse in high-traffic area, great exposure.

Property size:

5,793 SF

Lot size:

0.76 Acres

Price / SF:

$172/SF

HighLights

High‑traffic location provides excellent exposure.
Two units offer flexibility for various business uses.
Substantial space: Unit 1 offers 3,891 SF of office space + 4,065 SF of warehouse space, and Unit 2 offers 1,485 SF of office space + 1,902 SF of warehouse space.
Recent electrical upgrades in Unit B (2024).
Functional warehouse space included with office space.
Recent Updates: Roof (9 years old), AC (11 years old).

We can help!

Contact an agent

Nah Senpeng

For Sale

$1,000,000

Retail space with warehouse in high-traffic area, great exposure.

Property size:

5,793 SF

Lot size:

0.76 Acres

Price / SF:

$172/SF

Added:: Apr 6, 2025
Days on Market:: 459
Last Refresh:: Jun 30 at 2:53 am

Property Features for 211 Guilbeau Rd

General Information

Standard status: Active
Size: 5,793 SF
Lot size: 0.76 Acres

We can help!

Contact an agent

Nah Senpeng

Listing office Keller Williams Realty Acadiana

Listing date Apr 6, 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 Keller Williams Realty Acadiana

HighLights

High‑traffic location provides excellent exposure.
Two units offer flexibility for various business uses.
Substantial space: Unit 1 offers 3,891 SF of office space + 4,065 SF of warehouse space, and Unit 2 offers 1,485 SF of office space + 1,902 SF of warehouse space.
Recent electrical upgrades in Unit B (2024).
Functional warehouse space included with office space.
Recent Updates: Roof (9 years old), AC (11 years old).

Overview

This property features retail space with a warehouse component, offering a prime opportunity for businesses seeking visibility and functionality. The property includes two units. Unit 1 comprises 3,891 square feet of office space and 4,065 square feet of warehouse space. Unit 2 includes 1,485 square feet of office space and 1,902 square feet of warehouse space. Recent updates include a roof that is 9 years old and an AC unit that is 11 years old. Electrical upgrades were completed in Unit A in 2015 and in Unit B in 2024. Situated in a high-traffic area, this property provides excellent exposure and ample space for operations, making it ideal for a variety of uses.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$109.1k	$18.84
− Vacancy	−$8.8k	−$1.51
EGI	$100.4k	$17.33
− OpEx	−$30.1k	−$5.20
NOI	$70.3k	$12.13

5,793 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.00M

$878.2K – $1.17M (±1% cap)

NOI $70,256 @ 7.0% cap · market cap 7.03%

Second Best

Warehouse

$474.1K

$414.9K – $553.2K (±1% cap)

NOI $33,189 @ 7.0% cap · market cap 3.32%

Theoretical Best

Office A

$1.37M

$1.20M – $1.60M (±1% cap)

NOI $95,876 @ 7.0% cap · market cap 9.59%

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

Property Profile Location Intelligence

Current Use by Public Records

Communities United In Prayer Social Service Agency Ria Money Transfer ... Bank Gulf Medical Equipment Production Facility Mike's Home Furnishings Furniture & Home Goods Minimarket El Ahorro Grocery & Convenience Store

Suggested Use

Location Insight

Map
Local Demand

City: Lafayette
County: Lafayette
State: Louisiana
Longitude: -92.0627
Latitude: 30.1951

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For sale
Retail space
LA
Lafayette
70506
211 Guilbeau Rd

What type of property is this?

Retail space - Retail space with warehouse in high-traffic area, great exposure.

Where is this retail space located?

The property is located at 211 Guilbeau Rd Lafayette, LA.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: High‑traffic location provides excellent exposure.; Two units offer flexibility for various business uses.; Substantial space: Unit 1 offers 3,891 SF of office space + 4,065 SF of warehouse space, and Unit 2 offers 1,485 SF of office space + 1,902 SF of warehouse space.