148-B Banks Avenue

148-B Banks Avenue, Lafayette, LA 70506

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Property Information

  • For Sale $1,525,000
  • Property Type Industrial
  • Property Size 10,482 SF
  • Lot Size 0.6 Acre
  • Cap Rate % 7
  • Zoning IL
  • Building Class C
  • Year Built 1995
  • Year Renovated 2017
  • Date Updated Oct 9, 2026
  • Grade Level Doors 2
  • Office Area 6,469 SF
  • Warehouse Area 4,013 SF

Description

Tenant Arrow Exterminators

Lease Structure Limited Landlord

Responsibilities (roof,

walls and structure).

Tenant pays taxes and

insurance

Long-Term Stability 7-Year Primary Lease

Term

Lease Expiration June 30, 2032

Rent Increases Contractual Annual

Increases

Renovated 2017 (High-End

Finishes)

Renewal Option One (1) seven (7) year

option with 3% annual

increases

Utilization Arrow utilizes property

for two (2) business

lines (Residential and

Commercial) providing

additional business

value

 

 

Contacts

Location

  • 45/100 Car-Dependent
  • 46/100 Somewhat Bikeable
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