Garden Office For Sale

Office for Sale
Catylist Listing ID: 30808021
Property Subtypes: Business Park, Office Building
Building Size (RSF): 4,131 SF
Gross Building Area: See Agent
Sale Price: $210 PSF
Total Price: $867,510
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/24/2022

Overview / Comments

Well Maintained Two Suite Office Building located in Creekstone Office Park.

Creekstone is the premier office park in the Sherwood Forest/Coursey Corridor.

This building consists of two suites:

Suite A, which is 2,268 SF, is currently occupied by the owner (law firm) and will be available for occupancy by new owner.

Suite B, which 1,863 SF, is leased to YWCA through February 2023 at $2,700.00 per month. YWCA has occupied this suite since March 1, 2018 and is currently in their first renewal option period.

Excellent opportunity for an owner to occupy Suite A while offsetting expenses through rental income from Suite B.

Seller will also consider a sale-leaseback to an investor.

Conveniently located between S. Sherwood Forest Blvd and Coursey Blvd with direct access to the building from both streets.

Great central location with quick easy access to I-12, Airline Hwy, Siegen Ln, Bluebonnet Blvd and Jefferson Hwy.

Currently banks are lending up to 90% on owner-occupied commercial properties (over 50% occupied) at historically low rates.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Tax ID/APN: 027-0911-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,917 92,900 217,154
Median Age: 35.48 37.28 35.81
Households: 6,871 40,244 88,909

Contact

Photograph of Listing Agent

Joey C Canella

Stirling Properties Baton Rouge Baton Rouge, LA 70809
LACDB Member
Photograph of Listing Agent

Steve Legendre, CCIM

Stirling Properties Baton Rouge Baton Rouge, LA 70809
LACDB Member
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