4550 and 4560 North Blvd., Baton Rouge, LA 70806
$49+/SF
Commercial property for sale
Added: 07/15/2012
Last Update: 07/18/2012
4550 and 4560 North Blvd.
Baton Rouge, LA
70806 US
Contact info
- 225-753-3573 [Office]
Description
This property comprises 56,275 SF of office space spread out over 4 buildings and 8.87 acres of land. NOI is approximately $272,812. The asking price represents a 10.57% CAP rate. Of the 52,749 RSF, approximately 10,000 SF (Approximately 19%) is vacant, so there is significant upside. One of the best buildings available in Mid City. The property is on North Blvd., near North Foster. The property is located just west of Baton Rouge Community College and just east of the Baton Rouge General Medical Facility. Great property for an owner occupant or income producing investment property. Building price details: $2,580,000.
Property Details
- Type: Office
- Use Types:Business Park, Executive Suites, Governmental, Medical, Office Building
- Status: Available
- MSA: Baton Rouge
- Zoning: C-1
- Buildings: 1
- Tenancy: Multiple Tenants
Terms
- Cash to Seller