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129 Banks Ave
Lafayette, LA 70506 Central Lafayette Parish

$2,800,000 USD

Manufacturing For Sale  •  22,000 SF

Property Details

• Property Type Manufacturing
• Total Building Size 22,000 SF
• Lot Size 2.38 AC
• Building Class C
• Year Built 2015
• Tenancy Single
• Zoning Industrial Light

0 Transit Score

44 Walk Score

Highlights

•Corporate Lease with Herc Rentals, Inc | NYSE: HRI - 3rd Largest Equipment Rental Company in the U.S.

•5-Year NN Lease with Minimal LL Responsibilities - 4+ Years of Term Remaining with Two 5-Year Options

•Former Business Acquired by Herc October 2024 - Nearly 30 Years of Successful Operating History

•Favorable 3.5% Rental Increases Every Two Years - Upcoming Bumps in November 2026 and 2028

•Newer Construction | 2015 Build to Suit - Layout Optimizes Functionality of the Warehouse/Yard

•Newer Construction | 2015 Build to Suit - Layout Optimizes Functionality of the Warehouse/Yard

Amenities

• Fenced Lot

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	3.5 mi
Airport	Drive	Walk	Distance
Lafayette Regional/Paul Fournet Field	12 min	-	6.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes