Timberlake II Office Condo (Net Leased to Medical User)

Office for Sale
Catylist Listing ID: 30606250
Property Subtypes: Office Building
Building Size (RSF): 3,442 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 Acres
Sale Price: $750,000
Unit Price: $217.90 PSF
Property Use Type: Investment
Building Name: Timberlake II Office Park
Class of Space: Class A
Usable Size (USF): 3,442 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

3,442 square foot office condo with high-end finishes in desirable Timberlake Office Park. Office building is located at the end and has ample parking. The unit contains six offices, two of which are Executive offices, a large center conference room, kitchen, open work area, reception and restroom

Owner has recently completed a lease with a Credit Medical user. Currently doing built out for rent Commencement ASAP.

NOI: $52,970

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 53
Tax ID/APN: 017-5373-8
Zoning: C2
Property Located Between: Highland Rd. and Perkins Rd.
Property Visibility: Excellent
Year Built: 2000
Year Renovated: 2020
Construction/Siding: Stucco
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,667 67,536 170,600
Median Age: 38.53 36.01 35.16
Households: 4,538 28,253 73,414

Contact

Photograph of Listing Agent

Will H Adams, IV

Property One Inc Baton Rouge Baton Rouge, LA 70816
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.