3074 Westfork Dr - Office FOR SALE


Baton Rouge, LA 70816- Shenandoah
$1,427,400 USD
225-298-1250
3074 Westfork Dr, Baton Rouge, LA for Sale
$1,427,400 USD
Office - FOR SALE
1/17
null | 7% Cap Rate

3074 Westfork Dr
Baton Rouge, LA 70816
Shenandoah


HIGHLIGHTS

  • Fully leased garden office building in excellent condition
  • Stable tenants and long term leases make this property a great candidate for a 1031 buyer

OVERVIEW

Fully Leased Garden Office For Sale 3074 Westfork is a 6,426 sf fully leased garden office building in excellent condition. This is a very stabilized asset with suite A, 4,138 sf, being leased to a state agency, Capital Area Groundwater Conservation District, on a 10 year term. Their lease began May 1st, 2023 and has multiple rent increases throughout the term. They also have (2) 5 year options. Suite B is 2,288 sf and is occupied by Consolidated Wastewater, LLC. They have a 5 year lease that runs until May 31st, 2028. The tenants and long term leases make this property a great candidate for a 1031 buyer. Please contact agent for additional information and showings.

FOR SALE DETAILS

PRICE

$1,427,400 USD

PRICE/SF

$222 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3074 Westfork Dr

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

00107840

ASK ABOUT THIS PROPERTY

Denis MurrellMaestri-Murrell Commercial Real EstateMore Info
225-298-1250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Denis MurrellMaestri-Murrell Commercial Real EstateMore Info
225-298-1250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.