Listed by NAI Rampart
$272,500
11736 Newcastle Ave Building A
Details
APN 30848557
Property Type Office
Sub Type Executive Office
Square Footage 2,815
Cap Rate 8.10%
Occupancy 100%
Price per SqFt $105
Class C
Acreage 0.540
Zoning Rural
Office | 8.10% CAP | 2,815 SqFt
Marketing description
For Sale
Investment highlights
- CAP Rate: 8.1%
- One of two buildings available for sale, will sell as a package.
- Offers a stable investment opportunity, positioned in a high-traffic area in one of Baton Rouge's busiest business corridors
- Fully leased law office
- Located with entrances on both Newcastle Ave and S Sherwood Forest, directly behind the former Hancock Whitney Bank
- 2,815 SqFt of office space
- .54 Ac lot
- Situated at the busy intersection of S Sherwood Forest and Newcastle with controlled traffic light access
- Approximately 30,000+ vehicles per day on S Sherwood and 3,900+ on Newcastle Ave
- Close proximity to I-12, Airline Hwy, and Coursey Blvd
Listing Contacts
Listed by NAI Rampart
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