Catylist ID:
#30852064
| Catylist Listing ID: | 30852064 |
| Property Subtypes: | Flex Space, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Net Leased, Office Showroom, Research & Development |
| Building Size (RSF): | 11,600 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 3.01 Acres |
| Sale Price: | $2,000,000 |
| Unit Price: | $172.41 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 9.0% |
| Last Updated: | 9/19/2023 |
Overview / Comments
|
NNN Leased Lab Space ±10,000 SF Flex Office Building, sprinklered ±1,600 SF Detached Warehouse (3 grade doors) 3.01 Acres (Approx. 0.5 Ac. Stabilized) Standby Generator 40+ Parking Spaces Initial Lease Term Expires August 2024 with 5-Year Option Tenant Responsible for Exterior Maintenance 9.00% Cap @ Current Lease Rate |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | West Baton Rouge |
| Submarket/Township: | 70 |
| Tax ID/APN: | 045100003700 |
| Zoning: | I-1 (LIGHT INDUSTRIAL) |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 2 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,125 | 40,150 | 126,093 |
| Median Age: | 20.31 | 33.43 | 32.26 |
| Households: | 141 | 14,472 | 47,516 |
Contact
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