O'Neal Square Office Park

Office for Sale
Catylist Listing ID: 30803936
Property Subtypes: Office Building
Condo? Yes
Building Size (RSF): 5,000 SF
Sale Price: $628,000
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Average Occupancy Rate: 100
Last Updated: 12/1/2022

Overview / Comments

SALE WITH LEASE BACK- TENANTS IN PLACE PAYING ALL MAINTENANCE Built in 2008 and in excellent condition. The building has a large lobby and can be divided into two spaces with each having its own kitchen, eating area, reception area and 8 offices. Parking is ample and assigned. There are tenants occupying the building. They will remain with leases in place Great income producing property.

Attachments & Media

Financials

Finance Data Year 2011
Real Estate Taxes - Annual($) $6,700 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $6,700 (Annual)
Finance Data Year 2008
Real Estate Taxes - Annual($) $6,700 (Annual)

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Tax ID/APN: 1510640288
Is Condo?: Yes
Zoning: C2
Market Type: Large
Road Type: Highway
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2008
Roof Type: Hip
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 35
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable, DSL
Water Service: Municipal
Sewer Type: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,179 77,815 169,839
Median Age: 35.38 35.52 36.04
Households: 879 30,865 67,349

Contact

Photograph of Listing Agent

Michelle S Ruston

Ruston Properties Baton Rouge, LA 70816
LACDB Member
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