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660 N Foster Drive - Building C, Baton Rouge, LA

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660 N Foster Drive - Building C

Baton Rouge, LA 70802 - Greater Baton Rouge N Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:-
Stories:2 Typical Floor:7,795 SF Building Size:10,000 SF
For Sale Price:$1,250,000 Price/SF:$125.00
Cap Rate:10.10 %
Parking:Free Surface spaces are available; Ratio of 3.24/1,000 SF

Sale Notes:
This property is a 10,109 SF building that has a lease with the State of Louisiana on 8,609 SF of it. The State has been a tenant in this building for over 20 years and has just recently signed a 5 year extension running from 7/18/2017-7/17/2022. 5 years ago this space underwent $300,000 in interior renovations.

Besides the State being a tenant there is an additional 1,500 SF that is currently vacant. Adjacent buildings can be purchased as well. The land is separately parceled.

Denis Murrell
(225) 298-1250

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