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: 11/13/2018

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

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