Office Investment Opportunity

Office for Sale
Catylist Listing ID: 30537952
Property Subtypes: Business Park, Executive Suites, Net Leased, Office Building
Building Size (RSF): 6,600 SF
Sale Price: $450,000
Unit Price: $68.18 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: 11.0%
Last Updated: 8/3/2020

Overview / Comments

Excellent opportunity for an office investment property. 100% occupied. Office park off Airline Hwy., near I-12. Excellent access to Airline Hwy., I-12, Jefferson Hwy.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 61
Tax ID/APN: 030-0147-4
Zoning: C-2
Property Located Between: Old Hammond Hwy. & I-12
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,300 SF
Roof Type: Mansard
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,147 96,614 254,778
Median Age: 42.4 36.28 35.56
Households: 4,043 41,788 105,123

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