Huge Medical Facility in Heart of Baton Rouge

Office for Sale
Catylist Listing ID: 30613337
Property Subtypes: Executive Suites, Governmental, Institutional, Medical, Mixed Use, Office Building, Research & Development, Other
Building Size (RSF): 152,000 SF
Gross Land Area: 7.69 Acres
Sale Price: $4,600,000
Unit Price: $30.26 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Cenikor
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2020

Overview / Comments

One of a kind facility not often available. This property was originally built as Doctors Hospital, converted to Parkland Hospital in the 80's through the 90's, and currently occupied by Cenikor since early 2000's. Potential uses include: Hospital/Surgical Center, School, Rehabilitation/Drug Addiction Center (short and long term stays), Assisted Living/Senior Living, Governmental, Research Center, and many more. Licensed for over 200 patients. Property includes a GYMNASIUM, full commercial kitchen and dining area, a POOL, lots of green spaces.

152,000 Total Sq.Ft.
- Office/Administrative Space, 32,000 Sq.Ft.
- Medical, 120,000 Sq.Ft.
- 12 wings of rooms, most with restrooms
- Large showers and restrooms for each wing.
- Large rooms for training or meetings.

NOTE: approximately 30,000sf in rear left portion of the building is not in condition to be occupied...needs work
- 2 100 ton chillers serviced and operating
- 2 Elevators to 4 wings upstairs

Convenient location for easy access from just about anywhere via I-12 and College Dr.
**Must have 24 hour notice to tour**

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 52
Taxing Authority: East Baton Rouge Parish
Tax ID/APN: 018-2117-2
Property Located Between: Essen Lane, College Dr., and Perkins Rd.
Property Visibility: Good
Highway Access: I-12 via College Dr from Constitution Ave.
Airports: BTR
Site Description: 7.69 acres with parking, green spaces, 2 ADDITIONAL storage buildings/warehouses
Area Description: Surrounded by hotels, restaurants, neighborhoods
Total Number of Buildings: 1
Number of Stories: 2
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick building built in two different decades. The original building was 60's or 70's; the additional area of some 60,000sf was built in the 80's
Parking Type: Surface
Parking Description: Concrete
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable, ISDN, Satellite, T1/T3, Fiber Optic
Interior Description: 12 wings of rooms, 33,000sf of administrative offices, dining area, kitchen, gym, meeting rooms, executive area, conference rooms, core area work stations
Lot Frontage: 839
Lot Depth: 549
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,601 99,230 218,962
Median Age: 37.55 35.53 34.27
Households: 4,375 43,591 90,943


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