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

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Attachments & Media

Additional Details

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

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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


Photograph of Listing Agent

Fabian Edwards

Elifin Realty Baton Rouge, LA 70801
LACDB Member
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