Timberlake II Office Condo (Net Leased to Medical User)

Office for Sale
Sale Pending
Catylist Listing ID: 30606250
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 3,442 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 Acres
Sale Price: $750,000
Unit Price: $217.90 PSF
Property Use Type: Investment
Building Name: Timberlake II Office Park
Class of Space: Class A
Usable Size (USF): 3,442 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/14/2021

Overview / Comments

3,442 square foot office condo with high-end finishes in desirable Timberlake Office Park. Office building is located at the end and has ample parking. The unit contains six offices, two of which are Executive offices, a large center conference room, kitchen, open work area, reception and restroom

Owner has recently completed a lease with a Credit Medical user. Currently doing built out for rent Commencement ASAP.

NOI: $52,970

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 53
Tax ID/APN: 017-5373-8
Zoning: C2
Property Located Between: Highland Rd. and Perkins Rd.
Property Visibility: Excellent
Year Built: 2000
Year Renovated: 2020
Construction/Siding: Stucco
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,667 67,536 170,600
Median Age: 38.53 36.01 35.16
Households: 4,538 28,253 73,414


Photograph of Listing Agent

Will H Adams, IV

Property One Inc Baton Rouge Baton Rouge, LA 70816
LACDB Member
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