Renovated Class A Office Building

Office for Sale
Catylist Listing ID: 30828271
Property Subtypes: Office Building
Building Size (RSF): 34,290 SF
Gross Building Area: See Agent
Gross Land Area: 4.31 Acres
Sale Price: $3,750,000
Unit Price: $109.36 PSF
Property Use Type: Vacant/Owner-User
Building Name: Renovated Class A Office Building
Class of Space: Class A
Usable Size (USF): 34,290 SF
Sale Terms: Cash to Seller
Last Updated: 4/19/2024

Overview / Comments

Recently renovated two-story office building located in Bossier City, Louisiana. The building was most recently occupied by General Dynamics Information Technology (GDIT), a publicly traded, aerospace and defense corporation with offices throughout the United States. The office building was originally constructed as a retail bank operation and served as the bank’s headquarters. The subject property is ideal for professional office users.

301 Benton Road is strategically positioned at the signalized intersection of Benton Road and LA Hwy 3(Benton Spur). The hard-corner parcel consists of 4.31 acres +/- and includes a well-lit concrete parking lot with seven (7) drive-thru lanes. The drive-thru lanes were most recently used for covered parking. The 34,290 sq. ft. building includes 16,528 sq. ft. on the first floor and 15,960 sq. ft. on the second floor.

The subject property has been meticulously maintained by its current owner. In 2018, extensive phased interior renovations to the building were completed, consisting of quality Class A amenities and colorful interior finishes. The sales price is well below the replacement cost for similar assets.

Highlights
- Free standing Class A office building available in Bossier City, LA
- Close proximity to Barksdale Airforce Base as well as Shreveport, LA
- Unique opportunity to purchase an office building priced well below
replacement cost
- From an investment perspective, the property was most recently a
single-tenant net leased investment with a long-term lease and
minimal landlord responsibilities
- Over $3,400,000 in extensive renovations to the entire building
completed in 2018
- Exclusive, lighted, on-site parking for employees and guests
- Office has great curb appeal, excellent visibility, and access to all
passing traffic
- Existing FF&E negotiable and can be included in sale or lease

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Bossier
Tax ID/APN: S258 0019D
Property Located Between: Benton Road and Benton Spur
Total Number of Buildings: 1
Number of Stories: 2
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Passenger Elevators: 2
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,361 63,277 146,130
Median Age: 31.91 32.45 34.9
Households: 3,849 26,106 58,884

Contact

Photograph of Listing Agent

Justin P Langlois

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

Maegan Cole

ReAlta Real Estate Services Baton Rouge, LA 70809
LACDB Member
Photograph of Listing Agent

Aimee Grant

ReAlta Real Estate Services Baton Rouge, LA 70809
LACDB Member
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