Siegen Lane Office Condominium

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30639196
Property Subtypes: Business Park, Executive Suites, Office Building
Status: Pending/Contingent
Condo? Yes
Building Size (RSF): 1,124 SF
Sale Price: $168,000
Property Use Type: Investment, Business
Building Name: Siegen Lane Office Center
Class of Space: Class B
Usable Size (USF): 1,124 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 95
Last Updated: 9/18/2020

Overview / Comments

1,124sf +/- Office in well trafficked Siegen Lane (south of I-10), just off Perkins Rd.

This space is simple to access from Siegen Lane, which is well trafficked yet easy to turn into and out of. Ample parking, high end interior office finishes, brick on slab construction. 4 office, 1 conference room, reception area large enough for desk and small waiting area. Building is part of a multi-building, multi-unit office condo development.

If interested in property as an investment, agent will share financials with a signed NDA.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 53
Taxing Authority: East Baton Rouge
Tax ID/APN: 020-4412-9
Is Condo?: Yes
Zoning: COMMERCIAL
Property Located Between: Perkins and Highland
Property Visibility: Good
Highway Access: I-10
Airports: EBR Metro
Site Description: Office Park
Area Description: Office Park surrounded by other business parks.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,250 SF
Construction/Siding: Brick
Exterior Description: Brick on slab
Parking Type: Surface
Parking Description: Shared
Interior Description: Four office, one reception, one bathroom, kitchenette, conference room,
Zoning Description: Commercial
Legal Description: Unit 501, Siegen Lane Office Center, Sec 37, Twnshp 8 South, Range 1 East Baton Rouge, LA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,717 63,585 150,837
Median Age: 39.77 37.09 36.05
Households: 5,112 26,529 64,064

Contact

Photograph of Listing Agent

Mike Gennaro

Derbes Falgoust Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
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