Catylist ID:
#30808021
| 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 |
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
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