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Opportunity Zone

Cordova Square

Multi Tenant Office Building with Onsite Parking - Downtown Baton Rouge

Listing Contacts

Active

Asking Price: $2,750,000
Address 

721 Government St, Baton Rouge, LA 70802

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Date Added
Dec 27, 2023
Days on Market
447 days
Time Since Last Update
27 days

Details

Property TypeOffice
SubtypeTraditional Office
Investment TypeValue Add
Investment Sub TypeNet Leased
ClassB
TenancyMulti
Square Footage19,757
Price/Sq Ft$139.19
Occupancy56%
Year Renovated2006
Buildings1
Stories3

Marketing Description

Cordova Square, located at 721 Government Street, Baton Rouge, Louisiana is offered for sale with available space for an owner occupant or investment.​

Amenities:
63 onsite private and gated off street parking spaces
Frontage on Government and Spain Street
Curbisde delivery availabilty on Government Street.​
1st floor space available for retail/service tenant/user
4 blocks from the I-110 on/off ramp, 5 blocks of the19th JDC Clerk of Court/Court House, Baton Rouge City Court, and City Hall, and within 6 blocks of the Federal Courthouse.​

Tenants occupy approixmately 56% of the building and include: Perry Dampf (attorneys), Janet Parker (court reporters), Stanley Consultants (engineering).​

Vacant units are available for lease, $22.50/sf Full Service

Investment Highlights

OPPORTUNITY

To Owner Occupy Office with Income Stream - 56% Leased

BENEFITS TO YOUR COMPANY

Partially Leased Providing an Immediate Income Stream

Build Equity

Have Control and Stability

Flexibility in Space Requirement As Your Business Grows

Capital Appreciation

Tax Deductions on Interest and Depreciation

Customize the Space to Suit Your Needs

Valuation Calculator

Valuation Calculator

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker Information
Broker Name
Scot Guidry
Broker License
LA LA 37589
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