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 |
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 |
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.
|