Catylist ID:
#30835589
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): | 2,232 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $304,435 |
| Unit Price: | $136.40 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 8.62% |
| Last Updated: | 3/14/2023 |
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 office park. It is occupied by an engineering firm. 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, Office Depot, Starbucks, Zaxby's, and more • Cash flowing investment opportunity • Professional office condo, occupied by engineering firm • Accommodating location with convenient shopping and dining options • ±0.6 Mile access to I-12 ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Offering Memorandum” below. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.*** |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | East Baton Rouge |
| Submarket/Township: | 43 |
| Tax ID/APN: | 018-4901-8 |
| Zoning: | GOL |
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 |
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