The Rayford Building

Office for Sale
Catylist Listing ID: 30721835
Property Subtypes: Office Building
Building Size (RSF): 27,000 SF
Gross Building Area: See Agent
Gross Land Area: 4.02 Acres
Sale Price: $1,800,000
Unit Price: $66.67 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: The Rayford Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

The Rayford Building is a full-service, two-story, recently renovated, Class B office building located on S MacArthur Drive. Offering excellent access to I-49, and the major Alexandria retail corridor, The Rayford Building is a strategic location for companies that serve the Alexandria market. With multiple suite sizes, and configurations the subject offers considerable flexibility in accommodating a variety of space requirements. Recently renovated in 2018, capital improvements in the past two years include the installation of a new HVAC for the building and a new roof. The Rayford Building offers exceptional value in Alexandria and is in an excellent branding location because of the visibility the building provides.

Recently Replaced Roof & HVAC
Value Add Investment / Owner Occupant Opportunity
Excellent Branding Location with High Traffic Count
2,000 SF Storage/Maintenance Building

Additional Details

Nearest MSA: Alexandria
County: Rapides
Tax ID/APN: 2405133071000301
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,574 45,285 65,809
Median Age: 39.28 37.39 36.27
Households: 3,077 17,565 25,535

Contact

Photograph of Listing Agent

Evan P Scroggs

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
LACDB Member
Photograph of Listing Agent

Dexter Shill

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
LACDB Member
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