Flex Retail/Showroom with
For Sale
$3,300,000
9335 Interline Ave, Baton Rouge, LA 70809
A flex facility offers showroom space with options to convert to warehouse, plus separate warehouse and office components.
Property Size20,400 SF
Lot Size1.00 Acre
Price / SF$161.76
Days on Market18
Property Features for 9335 Interline Ave
General Information
Standard status
Active
Size
20,400 SF
Lot size
1.00 Acre
Property subtype
Industrial
Zoning
C-2
Warehouse & Industrial
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Amenities
Security System
Building Details
Building Size
20,400 SF
Year Built
1998
Listing Agency:
Saurage Rotenberg Commercial Real Estate
(610) 563-9046
Listed By:
Jack Herrington, CCIM · License #995695629
Source:
Sauragerotenberg
Added: Jul 25
Changed: Jul 26
Last Checked: Aug 11 at 5:10AM
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 Saurage Rotenberg Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale flex property combines retail/showroom, warehouse, and office space in a single, built-in-1998 facility. The showroom area can be converted to warehouse space, supporting multiple layouts within the overall building. The property includes an approximate 7,500 SF warehouse component, an approximate 2,500 SF office component, and an approximate 10,400 SF showroom area. The site sits on a 1-acre lot with ample parking.
For access, the property is located about 1 minute from Airline Hwy, about 2 minutes from I-12, and about 5 minutes from I-10, providing convenient connections to major arteries. The property is zoned C-2 (Heavy Commercial). The building includes 3-phase electric and is sprinklered, with a security system. Flood zone designation is "X" (no flood).
For access, the property is located about 1 minute from Airline Hwy, about 2 minutes from I-12, and about 5 minutes from I-10, providing convenient connections to major arteries. The property is zoned C-2 (Heavy Commercial). The building includes 3-phase electric and is sprinklered, with a security system. Flood zone designation is "X" (no flood).
Key Highlights
- 20,400 SF retail/showroom/office/warehouse‑distribution flex facility on a 1‑acre lot
- Includes 10,400 SF showroom that can be converted to warehouse, plus +/- 7,500 SF warehouse and +/- 2,500 SF office
- Zoned C‑2 (Heavy Commercial)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$195,121
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,902,420
$3.9M
Cap Rate 7%
$2,787,443
$2.8M
Cap Rate 9%
$2,168,011
$2.2M
Market Conditions
NOI Build-Up for 20,400 SF
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.
Gross rent
$266.8K $13.08/SF
− Vacancy
−$6.7K −$0.33/SF
EGI
$260.2K $12.75/SF
− OpEx
−$65.0K −$3.19/SF
NOI
$195.1K $9.56/SF
Area
Baton Rouge, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,902,420
Cap Rate 7%
$2,787,443
Cap Rate 9%
$2,168,011
Alternative Uses
Best Use
Retail
$4.56M
$3.99M – $5.32M
NOI $319,193 @ 7.0% cap · market cap 9.67%
Second Best
Office B
$2.79M
$2.44M – $3.25M
NOI $195,121 @ 7.0% cap · market cap 5.91%
Theoretical Best
Specialty Retail
$4.89M
$4.27M – $5.70M
NOI $341,993 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,098
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70809, LA
25,302
Population
13,872
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
97%
High-School Grad
14.4 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,310
Median Household Income
$55,827
Median Earnings
$1,336
Median Rent
$305,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Drusilla Place Catering — 3482 Drusilla Ln D, Baton Rouge, LA 70809
- The Jambalaya Shoppe — Airline Hwy, Baton Rouge, LA 70815
Frequently Asked Questions
What type of property is this?
Flex space - A flex facility offers showroom space with options to convert to warehouse, plus separate warehouse and office components.
Where is this flex space located?
The property is located at 9335 Interline Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 20,400 SF retail/showroom/office/warehouse‑distribution flex facility on a 1‑acre lot; Includes 10,400 SF showroom that can be converted to warehouse, plus +/- 7,500 SF warehouse and +/- 2,500 SF office; Zoned C‑2 (Heavy Commercial)
