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2201 W Congress St, Lafayette, LA 2201 W Congress St

4,494 SF Office Building Lafayette, LA 70506 £665,083 (£148/SF)

Investment Highlights

  • Free Standing Building
  • 10,096 VPD Traffic Count
  • Nearby attractions include the Cajundome and Cajun Field.
  • National Tenant
  • The site is conveniently located between Bertrand Drive and Evangeline Thruway.

Executive Summary

The subject property features a 4,494 square foot, one-story brick office building, currently leased to a national tenant at $4,972 per month. The lease rate is $13.28 per square foot, with the base term expiring on February 28, 2027, and includes three one-year renewal options. The property is situated on a 0.561-acre corner lot.
The site is conveniently located between Bertrand Drive and Evangeline Thruway, both of which run north-south and provide direct connections to Interstate 10. Nearby attractions include the Cajundome and Cajun Field. Additionally, Ochsner University Hospital & Clinics and Downtown Lafayette are just a short drive away. The Lafayette Regional Airport is also easily accessible.
List Price: $850,000
Contact agents for additional information

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes £3,148 £0.70
Operating Expenses - -
Total Expenses £3,148 £0.70

Financial Summary (Actual - 2023)

Taxes
Annual £3,148
Annual Per SF £0.70
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £3,148
Annual Per SF £0.70

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,494 SF
Building Class
B
Year Built
1973
Price
£665,083
Price Per SF
£148
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,494 SF
Building FAR
0.18
Lot Size
0.56 AC
Zoning
MN-1 - Mixed-Use Neighborhood 1
Parking
23 Spaces (5.12 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6048501
Land Assessment
£5,258
Improvements Assessment
£24,835
Total Assessment
£30,093
Annual Taxes
£3,148 (£0.70/sf)
Tax Year
2023
  • Listing ID: 32322291

  • Date on Market: 02/07/2024

  • Last Updated:

  • Address: 2201 W Congress St, Lafayette, LA 70506

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