1101 Government St, Baton Rouge, LA 70802
Freestanding 1,699 SF office building with private offices, reception, kitchen, and dedicated parking.
Property Features for 1101 Government St
General Information
Site & Location
Additional Details
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property provides direct access to I-110. It also features dedicated parking and an additional storage shed at the rear, with an opportunity for additional parking in an adjacent paved lot (subject to agreement).
The building’s office-focused configuration and on-site parking support straightforward occupancy for a new owner seeking an established, self-contained workplace.
Key Highlights
- 1,699 SF freestanding office building with direct access to I‑110, located downtown
- Interior includes private offices, reception area, kitchen, and restrooms
- Vacant space, previously occupied by an IT consulting firm and ready for a new owner
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.2k | $13.08 |
| − Vacancy | −$556 | −$0.33 |
| EGI | $21.7k | $12.75 |
| − OpEx | −$5.4k | −$3.19 |
| NOI | $16.3k | $9.56 |
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Demographics for 70802, LA
Market
Vacancy Rate% for Office in South region