Fully Leased Investment Property 2,332 SF in Baton Rouge

Office for Sale
Catylist Listing ID: 29966426
Property Subtypes: Business Park, Executive Suites, Governmental, Institutional, Mixed Use, Flex Space, Other
Building Size (RSF): 2,332 SF
Gross Building Area: 4,664 SF
Sale Price: $289,000
Unit Price: $123.93 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Last Updated: 7/19/2017

Overview / Comments

Investment Property - 3 year lease
Quality interior finishing
Did not flood in 2016 event

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Tax ID/APN: 1510480861
Property Located Between: Millerville at South Harrell's Ferry Rd
Property Visibility: Excellent
Highway Access: I-12
Site Description: Office Park
Number of Stories: 1
Year Built: 2005
Construction/Siding: Brick
Exterior Description: Landscaped Office Park
Parking Type: Surface
Sprinklers: None
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: T1/T3
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,090 93,527 183,875
Median Age: 34.33 35.56 36.32
Households: 3,957 37,427 74,549

Contact

Photograph of Listing Agent

Bill J Jeansonne

Saurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809
Not a member of MCAR CIE

Source

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