Office
Office Building
5420 Corporate Blvd, Baton Rouge, LA 70808
Listing Price: $2,400,000
Investment Overview
Introducing a prime investment opportunity: a 30,776-square-foot, three-story office property located at 5420 Corporate Blvd, Baton Rouge. Priced at $2,400,000, this property not only offers excellent investment potential but also serves as an ideal owner-occupancy space or redevelopment opportunity. This property is well-suited for redevelopment due to its existing occupancy rate of 54%, presenting an exceptional opportunity for investors to reimagine and revitalize this prime location for maximum returns.
Located in the desirable Acadian/College submarket with easy access to I-10, connecting to Lafayette, New Orleans, Hammond, and downtown Baton Rouge, the building is strategically positioned on Baton Rouge's sought-after Corporate Boulevard. This prime location offers valuable façade signage and naming rights, guaranteeing remarkable exposure. It is a short drive away from the Towne Center Marketplace, providing numerous shopping and dining options, and is within walking distance of various hotels, restaurants, and banks, offering convenience for employees and clients.
The 40-year-old building is situated on a spacious 1.08-acre C-2 (Heavy Commercial) zoned site. It's constructed with stucco over concrete/steel and remains in good condition with no significant deferred maintenance issues. Accessibility is provided by an elevator and two exterior stairs, and the property boasts ample parking with 180 surface spaces on a concrete lot. Recent improvements have enhanced the property's value, including a new roof and parapet wall in 2014, elevator modernization and upgrade in 2021, and the installation of four new HVAC units in 2022, ensuring comfort and energy efficiency.
In summary, this 30,776-square-foot Class B office building is strategically positioned along Baton Rouge's major office corridors, offering visibility from I-10 and convenient access to key transportation routes, LSU, downtown, and major health care institutions. The property features newly renovated office suites with various floor plans, competitive lease rates, full-service janitorial, and 24/7 building access. Monument signage is available for tenants with 2,500 square feet or more, and ample surface parking is provided for both tenants and guests.
Office Building
Investment Highlights
- Interstate exposure and signage availability
- No major deferred maintenance
- Value-add opportunity with possibility of rent growth through building upgrades
- The second and third floors could be remodeled to enclose the atrium, adding square footage
- On a major thoroughfare in the most sought-after corridor of Baton Rouge with convenient access to I-10 and I-12
Exclusively Listed By
Listing Price: $2,400,000
Investment Highlights
- Interstate exposure and signage availability
- No major deferred maintenance
- Value-add opportunity with possibility of rent growth through building upgrades
- The second and third floors could be remodeled to enclose the atrium, adding square footage
- On a major thoroughfare in the most sought-after corridor of Baton Rouge with convenient access to I-10 and I-12
Investment Overview
Introducing a prime investment opportunity: a 30,776-square-foot, three-story office property located at 5420 Corporate Blvd, Baton Rouge. Priced at $2,400,000, this property not only offers excellent investment potential but also serves as an ideal owner-occupancy space or redevelopment opportunity. This property is well-suited for redevelopment due to its existing occupancy rate of 54%, presenting an exceptional opportunity for investors to reimagine and revitalize this prime location for maximum returns. Located in the desirable Acadian/College submarket with easy access to I-10, connecting to Lafayette, New Orleans, Hammond, and downtown Baton Rouge, the building is strategically positioned on Baton Rouge's sought-after Corporate Boulevard. This prime location offers valuable façade signage and naming rights, guaranteeing remarkable exposure. It is a short drive away from the Towne Center Marketplace, providing numerous shopping and dining options, and is within walking distance of various hotels, restaurants, and banks, offering convenience for employees and clients. The 40-year-old building is situated on a spacious 1.08-acre C-2 (Heavy Commercial) zoned site. It's constructed with stucco over concrete/steel and remains in good condition with no significant deferred maintenance issues. Accessibility is provided by an elevator and two exterior stairs, and the property boasts ample parking with 180 surface spaces on a concrete lot. Recent improvements have enhanced the property's value, including a new roof and parapet wall in 2014, elevator modernization and upgrade in 2021, and the installation of four new HVAC units in 2022, ensuring comfort and energy efficiency. In summary, this 30,776-square-foot Class B office building is strategically positioned along Baton Rouge's major office corridors, offering visibility from I-10 and convenient access to key transportation routes, LSU, downtown, and major health care institutions. The property features newly renovated office suites with various floor plans, competitive lease rates, full-service janitorial, and 24/7 building access. Monument signage is available for tenants with 2,500 square feet or more, and ample surface parking is provided for both tenants and guests.
Exclusively Listed By
