Multi-Tenant Industrial Office
11724 Industriplex Blvd Baton Rouge, LA 70809
11724 Industriplex Blvd, Baton Rouge, LA, 70809
$1,550,000
For Sale
$1,550,000
Two-building, seven-suite industrial and office property with frontage along Industriplex Blvd, parking, and available signage.
Property Size20,865 SF
Price / SF$74.29
Days on Market63
Property Features for 11724 Industriplex Blvd
General Information
- Standard status
- Active
- Size
- 20,865 SF
- Property subtype
- Industrial - Flex - Industrial
Listing agency
ELIFIN Realty
(225) 485-0238
Listed by
Alex Ruch · License #995714093
Source
Commercialcafe
Added: May 20 Updated: Jul 21 at 5:05AM Checked: Jul 21 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ELIFIN Realty
Investment Insights
Based on property information with market context.
Now for sale, 11724 Industriplex Blvd is a multi-tenant industrial/office property totaling 120,865 square feet across two buildings. The site is configured as seven suites, and all suites are currently occupied. The two-story property provides 160 feet of frontage along Industriplex Blvd and offers ample on-site parking and signage availability.
The property is zoned M1 for Light Industrial. Access is provided to major transportation routes, including proximity to Airline Hwy, Siegen Ln, and I-10, with travel times noted as approximately 2, 4, and 5 minutes respectively.
As a multi-suite offering, the asset provides diversified income streams designed to help mitigate vacancy risk while maintaining operational flexibility across the two buildings.
The property is zoned M1 for Light Industrial. Access is provided to major transportation routes, including proximity to Airline Hwy, Siegen Ln, and I-10, with travel times noted as approximately 2, 4, and 5 minutes respectively.
As a multi-suite offering, the asset provides diversified income streams designed to help mitigate vacancy risk while maintaining operational flexibility across the two buildings.
Key Highlights
- Two‑building, 20,865 SF multi‑tenant industrial/office property with seven suites
- All seven suites are currently occupied, providing diversified income streams
- 160 ft of frontage along Industriplex Blvd, with ample on‑site parking and signage availability
Local Financial Insights For Industrial
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 | $202.8k | $9.72 |
| − Vacancy | −$4.0k | −$0.19 |
| EGI | $198.8k | $9.53 |
| − OpEx | −$59.6k | −$2.86 |
| NOI | $139.1k | $6.67 |
20,865 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.85M
$2.49M – $3.33M
NOI $199,569 @ 7.0% cap · market cap 12.88%
Second Best
Industrial
$1.99M
$1.74M – $2.32M
NOI $139,140 @ 7.0% cap · market cap 8.98%
Theoretical Best
Specialty Retail
$5.00M
$4.37M – $5.83M
NOI $349,788 @ 7.0% cap · market cap 22.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A-Z Delivery Inc
Courier Service
Solace Medical Llc
Medical Supply Store
MaidPro Baton Rouge
Hardware & Home Improvement
J&J Supply, LLC
Big Box & Wholesale Store
Garco Inc
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- MF Good Catering LLC — 6721 Exchequer Dr, Baton Rouge, LA 70809
- Firehouse Subs Siegen Lane — 6555 Siegen Ln STE 9, Baton Rouge, LA 70809
FAQs
What type of property is this?
Flex space - Two-building, seven-suite industrial and office property with frontage along Industriplex Blvd, parking, and available signage.
Where is this flex space located?
The property is located at 11724 Industriplex Blvd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two‑building, 20,865 SF multi‑tenant industrial/office property with seven suites; All seven suites are currently occupied, providing diversified income streams; 160 ft of frontage along Industriplex Blvd, with ample on‑site parking and signage availability
