Motivated Seller! Maranatha Office Building

Office for Sale
Catylist Listing ID: 30345698
Property Subtypes: Executive Suites, Mixed Use, Office Building, Other
Building Size (RSF): 22,000 SF
Gross Building Area: See Agent
Gross Land Area: 1 - 1.25 Acres
Sale Price: $1,099,000
Unit Price: $49.95 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Maranatha Office Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2019

Overview / Comments

- Motivated Seller! Priced at $49.95 per sq. ft.

- Professional office building For Sale just north of I-12.

- Approximately 22,000 total square feet.

- Properly constructed with steel, concrete, and bricks.

- The property is well maintained and professionally managed.

- The property stayed dry during the recent flooding.

- Full Service Leases on the first floor (100% Occupied on the 1st floor)

- Some second story space available for owner occupier.

- 100 + Parking spaces. Additional parking at the adjacent property.

- Easy access to Sherwood Forest, Old Hammond Highway, Airline Highway, and Interstate 12 east and west.

- Second floor space with elevator access.

- Contact agent for more information.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 42
Tax ID/APN: 1130470519

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,453 97,889 227,193
Median Age: 36.16 36.6 35.88
Households: 6,687 41,563 92,703


The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.