721 Government Street
Office
for Lease
| Catylist Listing ID: |
30656101 |
| Property Subtypes: |
Office Building
|
| Contiguous Space: |
1,349 - 7,550 SF |
| Total Available: |
8,899 SF |
| Building Size (RSF): |
3,968 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$21 PSF (Annual)
|
| Base Monthly Rent: |
$2,360 - 13,212 |
| Lease Types: |
Full Service |
| In Opportunity Zone? |
Yes |
| Building Name: |
Cordova |
| Class of Space: |
Class B |
| Core Factor: |
16% |
| Last Updated: |
5/5/2023 |
Overview / Comments
Landmark office building in downtown Baton Rouge fronting on Government Street with on-site parking included within the rental and easy access to and from the interstate. Completely renovated with interior systems and finishes by Kevin Harris Architects and Bani Carville to meet the demands of the 21 century. Building is leased to multiple tenants with additional space available for tenants or owner/occupant. Owner may consider providing an exterior sign on the building for a full floor tenant.
Great opportunity for an owner/investor to take advantage of an architectural gem. Potential to be divided into separate condominiums in the future as a way to "right size" a downtown office with all the amenities of the larger Class A towers. A larger single floor footprint of approximately 7,500 SF could be created pending the relocation of tenants now underway to different floors.
|
| Space Available: |
1,349 SF |
| Lease Rate: |
$21 PSF (Annual)
$2,360 (Monthly)
|
| Lease Type: |
Full Service |
| Space Description: |
Landmark full service office building in downtown Baton Rouge fronting on Government Street with on-site parking and easy access to and from the interstate. Completely renovated with interior systems and finishes by Kevin Harris Architects and Bani Carville to meet the demands of the 21 century. Located near WAFB TV, WYPY FM, & McDonald’s.
|
| Date Available: |
10/6/2020 |
| Space Type: |
Relet |
| Level/Floor: |
301 |
| Space Available: |
7,550 SF |
| Minimum Divisible: |
3,968 SF |
| Lease Rate: |
$21 PSF (Annual)
$13,212 (Monthly)
|
| Lease Type: |
Full Service |
| Space Description: |
Landmark full service office building in downtown Baton Rouge fronting on Government Street with on-site parking and easy access to and from the interstate. Completely renovated with interior systems and finishes by Kevin Harris Architects and Bani Carville to meet the demands of the 21 century. Located near WAFB TV, WYPY FM, & McDonald’s. |
| Date Available: |
10/6/2020 |
| Space Type: |
Relet |
Additional Details
| Nearest MSA: |
Baton Rouge |
| County: |
East Baton Rouge |
| Submarket/Township: |
51 |
| Tax ID/APN: |
001-6317-1 |
| Property Located Between: |
Napoleon Street & St. Joseph Street |
| Property Visibility: |
Excellent |
| Highway Access: |
Interstate 10 is just down Government Street which is the only full service interchange in the CBD area. |
| Site Description: |
Well positioned with on site gated parking immediately adjacent to the building and across the street. Building is ADA accessible both exterior and interior. |
| Area Description: |
Vibrant portion of Beauregard Town and close to the River Center and governmental offices. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Roof Type: |
Flat |
| Passenger Elevators: |
1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,515 |
78,981 |
167,746 |
| Median Age: |
34.3 |
33.51 |
32.87 |
| Households: |
3,242 |
31,317 |
67,138 |
|
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