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Two Adjacent Flex Warehouse Buildings
For Lease
$7,000/Mo

3029 NW Evangeline, Lafayette, LA 70507

COMMERCIAL - Lafayette, LA

Space Size9,500 SF
Lot Size1.67 Acres
Days on Market198

Property Features for 3029 NW Evangeline

General Information

Property type Commercial Lease
Property subtype Other
Zoning LI
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Security features Security System
Exterior features OH Door 10 - 15 Ft, Partially Fenced, Outside Storage
Fencing Partial
Lot features Sloping
Directions I-49 North to Butcher Switch Rd. Left on I-49 Frontage Road South. Property on the right side of the Frontage Road.
Subdivision D
Standard status Active
APN 6112681
Size 19,000 SF
Lot size 1.67 Acres

Taxes and HOA fees

Tax Description LOT3-A-SEC 44 T9R R4E (1.67 AC)
Legal Description LOT3-A-SEC 44 T9R R4E (1.67 AC)

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Amenities

on-site parking

Building Details

Floors in Building 1
Roof type Metal
Additional Structures Storage
Listing Agency: Coldwell Banker Trahan Real Estate Group
Listed By: John O'Reilly · License #0000019177
Added: Jan 26 Changed: Aug 4 Last Checked: Aug 12 at 12:06AM
MLS# 2600000279

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This listing includes two adjacent flex/industrial buildings with layouts described as very similar, each incorporating office and warehouse space. Each building is approximately 9,500 square feet, for a total of about 19,000 square feet. One building is currently under lease with multiple years remaining, while the other is owner-occupied and can be leased in full or broken up. The property has on-site parking for both buildings and shares a sewer system and city water. Three-phase power can be added to either or both buildings.

The buildings are located at 3029 NW Evangeline in Lafayette and are positioned north of I-10 along I-49, with visibility and high daily traffic counts noted in the remarks.

For tenants seeking flexibility, the combination of office and warehouse space in a LI-zoned setting supports a range of light industrial and distribution needs. Leasing is available for one or both buildings, with the leased building carrying a stated $7,000 per month rate plus double NN, and the owner-occupied building available for full- or split-use leasing depending on the tenant’s requirements. If you are evaluating an acquisition, the seller provided an indicated selling cost of $115.78 per square foot for both buildings combined.

Key Highlights

  • Two adjacent buildings with office and warehouse space; total approx. 19,000 SF (each approx. 9,500 SF)
  • One building is under lease with multiple years remaining; owner‑occupied building can be leased in full or broken up
  • Lease terms: $7,000 per month per building plus double NN

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Real Estate Agency Veterinary Clinic

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
Balanced
Demand for This Use

Demographics for 70507, LA

17,791
Population
8,133
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
831
Density / Sq Mi
$64,010
Median Household Income
$40,700
Median Earnings
$937
Median Rent
$206,700
Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$91.99 /SF/Yr
Avg Asking Price
$5.42–$791 /SF/Yr
Price Range
9,360 SF
Avg Space Size

This space is priced 90% below the average of $91.99 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dinner Time By Prime 602 N Montauban Dr, Lafayette, LA 70507
  • Crawdaddy's Onsite Catering, LLC 3015 NW Evangeline Thruway, Lafayette, LA 70507

Frequently Asked Questions

What type of property is this?
Flex space - Two adjacent office-and-warehouse buildings with on-site parking and strong I-49 visibility in a LI-zoned area.
Where is this flex space located?
The property is located at 3029 NW Evangeline Lafayette, LA.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: Two adjacent buildings with office and warehouse space; total approx. 19,000 SF (each approx. 9,500 SF); One building is under lease with multiple years remaining; owner‑occupied building can be leased in full or broken up; Lease terms: $7,000 per month per building plus double NN
More about this property
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