Listing Agency: Derbes Falgoust Commercial Real Estate Show Phone

Listed By: Scot Guidry · License #LA 37589

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 12:44AM

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Investment Insights

Based on property information with market context.

This office building is offered for sale with a reported 10.09% cap rate. The property totals 6,056 SF and is positioned for an office-focused use.

The asset is located at 10988 N Harrells Ferry Rd in Baton Rouge, Louisiana 70816.

Key Highlights

• For sale office building
• Reported 10.09% cap rate
• 6,056 SF

Property Analytics

Current Use

U4ria the band Theater & Performing Art Venue Dale Carnegie Training Training Centre London III John A Law Firm Broome Law Group, ... Law Firm RallyPoint Business Management Consultant

Suggested Use

Top Pick Restaurant Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Skin Care Clinic Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,223

Businesses Nearby

Explore this area Business Placement

Demographics for 70816, LA

45,232

Population

21,024

Households

2.2

Avg Household Size

34

Median Age

36%

College-Educated

94%

High-School Grad

16.3 sq mi

ZIP Area

2,775

Density / Sq Mi

$65,894

Median Household Income

$39,344

Median Earnings

$1,155

Median Rent

$232,300

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office building - For sale office building featuring a reported 10.09% cap rate.

Where is this office building located?

The property is located at 10988 N Harrells Ferry Rd Baton Rouge, LA.

What are key features of this property?

This property features: For sale office building; Reported 10.09% cap rate; 6,056 SF