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): | 2,332 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: | 3/28/2024 |
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 |
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
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