Pecue Park Office Condo - 103

Office for Sale
Catylist Listing ID: 30822180
Property Subtypes: Business Park, Medical, Mixed Use, Office Building
Building Status: Under Construction
Condo? Yes
Building Size (RSF): 3,835 SF
Gross Building Area: 14,880 SF
Sale Price: $869,000
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Pecue Park Building 1
Class of Space: Class A
Usable Size (USF): 3,241 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/1/2023

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. Upon completion, the Class A development will contain over 40,000 SF of retail space and nearly 15,000 SF of office space across 6 buildings. Office space is available in Building 1. Retail space is available for lease in buildings 2-6.

Office Building 1 is available as 4 condominium units. Each floor features 2 condominium units accessible via a common lobby and elevator.

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 Catylist Real Estate Software, Inc. assume any liability for errors or omissions.