Catylist ID:
#30833334
9373 Baringer Rd.-Building 3
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: | 30833334 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 10,550 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $3,100,000 |
| Unit Price: | $293.84 PSF |
| Property Use Type: | Net Leased Investment (NNN) |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/23/2023 |
Overview / Comments
|
Baringer Block is South Baton Rouge's premier Office/Retail Development. Property is located at the intersection of Airline Hwy. and Barringer Foreman Road just North Long Farm Village, and has Dual access from both Airline Hwy & Baringer Rd.. Building 3 was built in 2019, and is in Like New condition. The owner's have done an excellent job of finishing all spaces in Class A form. Three of the Five Suites are leased with a strong mix of Tenants, and is currently cash flowing well. B & H Distributors (Property Owner) currently Occupies Suite(s) 3-B & 3-C. The Owners will vacate the space, or do a short term "Leaseback" depending on the Buyer's preference. This opportunity offers appeal to both an Investor, or an Owner Occupant. 10,550 SF Building-5 Suites Retail or Office Use Zoned C-2 High End Finishes Currently Owner Occupied with Three Cash flowing Leased Units Access to Airline Hwy & Interstate 10 |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | East Baton Rouge |
| Submarket/Township: | 43 |
| Tax ID/APN: | 028-9195-6 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,316 | 46,675 | 132,295 |
| Median Age: | 29.86 | 37.23 | 36.57 |
| Households: | 966 | 18,263 | 53,949 |
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. |
