Professional Office For Sale

Office for Sale
Catylist Listing ID: 30399603
Property Subtypes: Office Building
Building Size (RSF): 6,093 SF
Sale Price: $1,035,000
Unit Price: $169.87 PSF
Property Use Type: Vacant/Owner-User
Building Name: Fern Avenue Business Park
Class of Space: Class A
Usable Size (USF): 6,093 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2019

Overview / Comments

Rare opportunity to purchase Class A, freestanding office building in highly sought-after Fern Avenue Business Park! Exceptionally low turnover, only 1 out of the 14 total office buildings has resold since development was completed in 2009!

Building #600 contains 6,093 SF consisting of 9 private offices (5 executive size), men & women’s multi-stall restrooms plus an additional private restroom, 3 spacious workrooms containing a total of 28 cubicles (excluded, however negotiable), inviting reception/waiting room with exposed ceiling beams and brick flooring, large professional conference room with chair rail around perimeter, sleek kitchen with stainless steel appliances and break area for table/chairs, climate controlled IT closest with dedicated Liebert unit to control humidity and temperature, and oversized workroom for copiers, mail slots, and cabinet storage.

Additional features throughout: crown molding, recessed lighting, solid wood doors, security system, custom blinds and window coverings. NEW ROOF installed April 2019! Zoned C-1. Built 2005.

Quarterly association dues of $1,258.43 covers all Common Area Maintenance (CAM), which includes: lawn, landscape, irrigation, exterior lighting, parking lot maintenance & striping, dumpster service, liability insurance and property tax on common area.

Owner is responsible for paying all utilities, exterior maintenance on building, hazard insurance and property tax on building.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 171329078000100
Zoning: C-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,584 66,255 165,536
Median Age: 40.58 37.98 35.82
Households: 4,929 28,082 67,014

Contact

Photograph of Listing Agent

Andrew Cordaro

Coldwell Banker Gosslee Shreveport, LA 71106
LACDB Member
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