Flex Building with Two
3816 Common Street Lake Charles, LA 70607
For Sale
$920,000
Flex property includes two executive office suites and an attached warehouse with roll-up doors and rear access.
Property Size9,425 SF
Price / SF$97.61
Days on Market289
Property Features for 3816 Common Street
General Information
- Standard status
- Active
- Size
- 9,425 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2014
Listing Agency:
Executive Properties, Llc
(337) 477-9300
Listed By:
Marcus Young · License #912123153
Source:
Xome
Added: Oct 8, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:43AM
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 Executive Properties, Llc
Investment Insights
Based on property information with market context.
This flex building for sale includes two executive office spaces and a large attached warehouse. Suite A offers an open layout designed for build-out flexibility, with two restrooms, a kitchenette, tile flooring, LED lighting, 12’ ceilings, and interior detailing throughout. Suite B includes a 1,450 sq ft open work area, two private offices, and a boardroom, along with two restrooms and a kitchenette, also finished with tile flooring, LED lighting, and 12’ ceilings. At the rear, a 65’ x 54’ warehouse is served by two 12’ roll-up doors with electric operators, and includes a private office space measuring 25’ x 12’ with central HVAC, custom cabinetry, a bathroom with a walk-in shower, and a water heater.
The property is located along Common Street with customer parking in front. Rear road access is available from E. Oak Lane, and the site includes six covered parking spaces and seven uncovered spaces behind the building.
The building is identified as being located in flood zone "X". The listing notes flood insurance is not required by most lenders. All measurements are m/l.
The property is located along Common Street with customer parking in front. Rear road access is available from E. Oak Lane, and the site includes six covered parking spaces and seven uncovered spaces behind the building.
The building is identified as being located in flood zone "X". The listing notes flood insurance is not required by most lenders. All measurements are m/l.
Key Highlights
- Class‑A flex commercial building built in 2014 near McNeese State University on Common Street.
- Two office suites, each approx. 2,200 SF, with two restrooms, kitchenette, tile flooring, LED lighting, and 12’ ceilings.
- Suite B includes approx. 1,450 SF open work area plus two private offices and a boardroom.
Financial Insights For Office B
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 | $141.4k | $15.00 |
| − Vacancy | −$31.1k | −$3.30 |
| EGI | $110.3k | $11.70 |
| − OpEx | −$27.6k | −$2.93 |
| NOI | $82.7k | $8.78 |
9,425 SF · lease $15.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Flex RnD
$1.84M
$1.61M – $2.14M
NOI $128,504 @ 7.0% cap · market cap 13.97%
Second Best
Office B
$1.18M
$1.03M – $1.38M
NOI $82,704 @ 7.0% cap · market cap 8.99%
Theoretical Best
Specialty Retail
$2.03M
$1.78M – $2.37M
NOI $142,209 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex property includes two executive office suites and an attached warehouse with roll-up doors and rear access.
Where is this flex space located?
The property is located at 3816 Common Street Lake Charles, LA.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Class‑A flex commercial building built in 2014 near McNeese State University on Common Street.; Two office suites, each approx. 2,200 SF, with two restrooms, kitchenette, tile flooring, LED lighting, and 12’ ceilings.; Suite B includes approx. 1,450 SF open work area plus two private offices and a boardroom.
