10 Cap Office Investment - Baton Rouge
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Business Park, High-Tech, Net Leased, Office Building
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Overview / Comments
Truly one of a kind office condo in Myrtle Lakes Office Park on N. Harrell's Ferry Rd. Located one block west of S. Sherwood Forest. This office condo was completely renovated and customized for Transformyx as their home office. 6,000 SF of efficient office space combining open work areas with private perimeter offices and a great patio area on the lake. The tenant is Immense Networks. They have been in the space since 2014 and recently renewed for an additional 5 years (early out after 3 - with penalty). Modified Gross lease. 10% cap rate at asking price. Could not build this for anywhere close to list price. Contact Steve at 225-907-3783 cell.
||East Baton Rouge
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