Multi-Tenant Government Leased Office
For Sale
$3,500,000
620 Esplanade Street, Lake Charles, LA 70607
Multi-tenant office building with government and state tenants.
Property Size5,800 SF
Price / SF$603.45
Days on Market264
Property Features for 620 Esplanade Street
General Information
Standard status
Active
Size
5,800 SF
Property subtype
Office
Listing Agency:
(337) 304-1341
Listed By:
Andrew Vanchiere, CCIM, SIOR
(337) 304-1341
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Aug 11 at 5:10AM
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 Andrew Vanchiere, CCIM, SIOR
Investment Insights
Based on property information with market context.
This multi-tenant office building offers approximately 17,000 square feet of total space. The property features a 15-year GSA tenant on the ground floor and a State of Louisiana tenant on the second floor with a short-term lease, but a high likelihood of longer-term commitment. The multi-tenant office market is 467,000 square feet with 83% occupancy. Top tier office properties are 91.58% occupied. Pre-Hurricane Laura, the market had 869,000 square feet of space with 76% occupancy. The property is located in Lake Charles, LA.
Key Highlights
- 15‑Year GSA Tenant on Ground Floor provides stable, long‑term income
- NOI of $234,196 at an offered price of $3,500,000 indicates a strong return on investment
- Top Tier Office Asset in the market
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 70607, LA
30,339
Population
13,692
Households
2.2
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
115.3 sq mi
ZIP Area
263
Density / Sq Mi
$58,427
Median Household Income
$35,815
Median Earnings
$1,053
Median Rent
$171,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building with government and state tenants.
Where is this office building located?
The property is located at 620 Esplanade Street Lake Charles, LA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 15‑Year GSA Tenant on Ground Floor provides stable, long‑term income; NOI of $234,196 at an offered price of $3,500,000 indicates a strong return on investment; Top Tier Office Asset in the market
