Pecue Park Office Condo - 202

Office for Sale
Catylist Listing ID: 30822185
Property Subtypes: Business Park, Medical, Mixed Use, Office Building
Building Status: Under Construction
Condo? Yes
Building Size (RSF): 3,965 SF
Gross Building Area: 14,880 SF
Sale Price: $899,000
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Pecue Park Building 1
Class of Space: Class A
Usable Size (USF): 3,371 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2024

Overview / Comments

Pecue Park is a new, mixed-use development located on the hard corner of Pecue Ln and Perkins Rd in southeast Baton Rouge. Office space is available in Building 1.

Office Building 1 is available as 4 condominium units. Each floor features 2 condominium units accessible via a common lobby and elevator. Units can be combined or the entire building can be purchased. Seller willing to entertain partial owner-financing.

Pecue Park is situated in an area with some of Baton Rouge's strongest demographics. 1-mile HH income averages over $125,000, and 3-mile population exceeds 40,000. A new interchange is currently under construction on Pecue Ln and I-10, further improving access to Pecue Park.

Pecue Park presents an opportunity for retail, restaurant, medical, and office users to locate themselves in an affluent, expanding area of Baton Rouge.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 53
Taxing Authority: East Baton Rouge Parish
Tax ID/APN: 020-3569-3
Is Condo?: Yes
Zoning: LC1
Number of Stories: 2
Typical SF / Floor: 7,440 SF
Parking Type: Surface
Total Parking Spaces: 57
Passenger Elevators: 1
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,463 56,243 142,852
Median Age: 33.51 37.12 36.34
Households: 3,604 23,171 59,274

Contact

The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.