Fully Occupied Investment Opportunity – Professional Office Condo

Office for Sale
Catylist Listing ID: 30835589
Property Subtypes: Business Park, Executive Suites, Governmental, Institutional, Net Leased, Office Building, Other
Building Size (RSF): 2,332 SF
Sale Price: $304,435
Unit Price: $130.55 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.5%
Last Updated: 4/15/2024

Overview / Comments

This fully occupied office condo in Forest Park Office Plaza is now available for sale.

The ±2,232 office suite comprises 50% of Building 4 and is situated in the northwestern corner of the off ice park. It is occupied by a counseling group. Lease ends 3/31/2025.

The property enjoys ±0.6 mile access to I-12, making it ideal for commuters or locals.

The property is a quiet setting with ample parking.

Convenient shopping and dining options nearby include Subway, Rotolo's, Target,Chick-fil-a, Off ice Depot, Starbucks, Zaxby's, and more.

• Cash flowing investment opportunity
• Professional office condo, occupied by counseling group
• Accommodating location with convenient shopping and dining options
• ±0.6 Mile access to I-12

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Tax ID/APN: 018-4901-8
Zoning: GOL

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,090 93,527 183,631
Median Age: 34.33 35.56 36.35
Households: 3,957 37,427 74,466

Contact

Photograph of Listing Agent

Lindsay M Redhead

Elifin Realty Baton Rouge, LA 70801
LACDB Member
Photograph of Listing Agent

Fabian Edwards

Elifin Realty Baton Rouge, LA 70801
LACDB Member
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.