Income Producing Multi-Tenant Office Building
Office | 8.41% CAP | 8,534 SqFt
Marketing description
Income Producing Multi-Tenant Office Building | Baton Rouge, LA
Prime investment income-producing office building located in the Sherwood Forest area of Baton Rouge. The property includes six combined condo units with 32 individual office suites. Currently operating at 70% occupancy offering generating strong in-place cash flow and upside potential upon full occupancy or room for an owner occupant.
The building is ideally situated in a quiet, professional setting with easy access to Sherwood Forest Blvd and just 5 minutes from I-10, offering convenience and visibility for tenants and their clientele.
This well-maintained asset is well suited for investors seeking steady returns, professional tenants, and a strong location in the Baton Rouge office market.
Showings are by appointment only. Please do not disturb the tenant.
Investment highlights
· 32 total suites with 70% occupancy
· Current Gross Monthly Income: $7,400
· Potential Gross Monthly Income: $11,440
· Average Annual Expenses: $32,000
· Stable tenant mix with potential for rent increases
· Ample on-site parking
· Ideal for owner-user or investor
· Strategically located near I-10, shopping, and business services
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