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Flex Space with Warehouse Doors
New
For Lease
$15 SF/Yr Modified Gross

5101 Hwy 397, Iowa, LA 70647

An open-shell layout is planned with office buildout allowance and a separate storage building on site.

Space Size7,500 SF
Lot Size1.50 Acres
Days on Market7

Property Features for 5101 Hwy 397

General Information

Standard status Active
Size 7,500 SF
Net Rentable 7,500 SF
Total Parking Spaces 8
Lot size 1.50 Acres
Property subtype Industrial
Zoning I1
Lease Type Modified Gross

Space & Availability

Available Space 7,500 SF
Contiguous Space 7,500 SF

Additional Details

TI Allowance $50 /SF
Office Build-Out 1,500 SF

Amenities

Vacant

Building Details

Year Built 2026
Buildings 2
Tenancy Single Tenant
Building Size 7,500 SF

Spaces For Lease

at 5101 Hwy 397
Available Space $15/Mo
Contact us
Listing Agency: Bricks & Mortar Real Estate Co
Listed By: Blake Lumpkin
Source: Lacdb.resimplifi
Added: Oct 22 Changed: Oct 26 Last Checked: Oct 26 at 3:34PM

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 Bricks & Mortar Real Estate Co

Rey
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Investment Insights

Based on property information with market context.

This 7,500-square-foot flex property is under construction on approximately 1.5 acres and is zoned I1. The main building is planned as an open shell with two 12-foot-by-16-foot roll-up doors and a 20-foot eave height. A 16-foot-by-30-foot covered entry and an eight-vehicle parking area are part of the exterior plan. The lessor is offering a tenant improvement allowance for office space based on 1,500 square feet.

A secondary building at the rear of the property contains 1,200 square feet of storage, a small office and restroom, plus 1,200 square feet of covered area. This additional space is not included in the square-foot rent calculation. A stabilized area extends behind the building to the eastern property line. An adjoining 1.5 acres is also available.

Key Highlights

  • 7,500‑square‑foot main building on approximately 1.5 acres
  • I1 zoning
  • Two 12' x 16' roll‑up doors and 20‑foot eave height

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Auto Repair Shop Grocery & Convenience Store Restaurant

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70647, LA

11,386
Population
4,702
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
93%
High-School Grad
179.1 sq mi
ZIP Area
64
Density / Sq Mi
$83,048
Median Household Income
$52,708
Median Earnings
$1,134
Median Rent
$251,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - An open-shell layout is planned with office buildout allowance and a separate storage building on site.
Where is this flex space located?
The property is located at 5101 Hwy 397 Iowa, LA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 7,500‑square‑foot main building on approximately 1.5 acres; I1 zoning; Two 12' x 16' roll‑up doors and 20‑foot eave height
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