Office | Owner-Occupant Opportunity | Partially Leased
Office
for Sale
| Catylist Listing ID: |
30815852 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
51,920 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.55 Acres
|
| Sale Price: |
$9,600,000 |
| Unit Price: |
$184.90 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class A |
| Core Factor: |
1.05% |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
4/19/2024 |
Overview / Comments
Property One, Inc. is pleased to bring to market an opportunity for an owner occupant to purchase a Class A office building that is partially leased to credit tenants.
Situated on the north side of Corporate Boulevard at the intersection of Park Plaza Drive east of College Drive and located in the desirable College/Acadian submarket of Baton Rouge. The property's proximity to Interstate 10 makes it easily accessible to Lafayette, New Orleans, Hammond and downtown Baton Rouge.
The property is within walking distance of several hotels, restaurants and banks and a short drive to Towne Center at Cedar Lodge, a premier open-air center with many unique shopping and dining options.
|
Additional Details
| Nearest MSA: |
Baton Rouge |
| County: |
East Baton Rouge |
| Submarket/Township: |
61 |
| Tax ID/APN: |
005-7115-6 |
| Zoning: |
C2 |
| Property Visibility: |
Excellent |
| Highway Access: |
I-10 |
| Airports: |
Baton Rouge Metro Airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Year Renovated: |
2013 |
| Roof Type: |
Flat |
| Parking Ratio: |
3.7 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
Large lot offering 3.69/1000 parking ratio, totaling 192 spaces. A buyer could potentially get more if the lot parking was reconfigured. |
| Total Parking Spaces: |
192 |
| Passenger Elevators: |
2 |
| Sprinklers: |
None |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,601 |
106,381 |
226,079 |
| Median Age: |
37.55 |
34.74 |
34.19 |
| Households: |
4,375 |
46,388 |
93,457 |
|
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The information presented herein is provided as is, without warranty of any kind.
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Moody's assume any liability for errors or omissions.
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