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Industrial Flex Complex with Cranes
For Lease
$10,000/Mo

4703 Lewis St, New Iberia, LA 70560

Multi-building industrial property combines administrative offices with specialized work areas at the Port of Iberia.

Space Size24,000 SF
Days on Market1937

Property Features for 4703 Lewis St

General Information

Standard status Active
Size 24,000 SF
Net Rentable 24,000 SF

Space & Availability

Available Space 24,000 SF
Contiguous Space 2,815 SF
Space Use Office
Sublease No
Private Offices 7
Meeting Rooms 2

Additional Details

Office Build-Out 2,815 SF

Building Details

Buildings 4
Listing Agency: Caffery Real Estate, Inc.
Listed By: Michael Lamperez · License #995703666
Source: Exprealty
Added: May 11, 2021 Changed: Aug 24 Last Checked: Aug 26 at 10:52AM

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 Caffery Real Estate, Inc.

Investment Insights

Based on property information with market context.

This industrial flex property at the Port of Iberia combines a dedicated administrative office with three additional work buildings. The main office contains approx. 2,815 sq. ft. arranged with 7 offices, 2 conference rooms, a copy room, file room, kitchen, IT room, reception area, 2 bathrooms, and a rear wooden deck. The office also includes conference rooms that could be converted into 4 more offices.

Building #2 provides approx. 5,620 sq. ft. of work space with a 3-ton overhead crane on tracks and a 1-ton jib crane. Building #3 offers approx. 10,848 sq. ft. of work space plus a covered area of approx. 1,440 sq. ft., with rails available for an overhead crane. Building #4 adds approx. 5,620 sq. ft. of work space. The property is located at 4703 Lewis St, New Iberia, LA.

Key Highlights

  • Approx. 24,000 sq. ft. of lease space at the Port of Iberia
  • Main office includes approx. 2,815 sq. ft., 7 offices, 2 conference rooms, and 2 bathrooms
  • Building #2 offers approx. 5,620 sq. ft. with a 3‑ton overhead crane and 1‑ton jib crane

Property Analytics

Current Use

MPG Pipeline Contractors General Contractor

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Plumbing Service Storage Facility Restaurant Big Box & Wholesale Store

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
$0.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70560, LA

39,457
Population
16,970
Households
2.3
Avg Household Size
38
Median Age
11%
College-Educated
80%
High-School Grad
176.1 sq mi
ZIP Area
224
Density / Sq Mi
$48,296
Median Household Income
$31,864
Median Earnings
$886
Median Rent
$126,500
Median Home Value

Market

Lease Benchmarks for New Iberia, LA

$227 /SF/Yr
Avg Asking Price
$1.95–$600 /SF/Yr
Price Range
14,984 SF
Avg Space Size

This space is priced 98% below the average of $227 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-building industrial property combines administrative offices with specialized work areas at the Port of Iberia.
Where is this flex space located?
The property is located at 4703 Lewis St New Iberia, LA.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: Approx. 24,000 sq. ft. of lease space at the Port of Iberia; Main office includes approx. 2,815 sq. ft., 7 offices, 2 conference rooms, and 2 bathrooms; Building #2 offers approx. 5,620 sq. ft. with a 3‑ton overhead crane and 1‑ton jib crane
More about this property
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