16851 Jefferson Hwy, Baton Rouge, LA 70817
Class A suite in a quiet office park with renovated finishes, reception, seven offices, and two restrooms.
Property Features for 16851 Jefferson Hwy
General Information
Site & Location
Additional Details
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.
The suite is located at 16851 Jefferson Hwy in Baton Rouge, at Jefferson Hwy and Highland Rd. It offers convenient connectivity to Airline Hwy and I-10, supporting day-to-day business access for both employees and clients.
The suite is offered under a modified gross lease structure. Electricity, water/sewer, and dumpster are included, while the tenant is responsible for Wi-Fi and the security system. Ample off-street parking is available for visitors and staff.
Key Highlights
- ±1,802 SF Class A office suite in a quiet office park
- Recently renovated with new paint and flooring
- Lobby and reception plus seven offices (two conference‑sized)
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 | $23.6k | $13.08 |
| − Vacancy | −$589 | −$0.33 |
| EGI | $23.0k | $12.75 |
| − OpEx | −$5.7k | −$3.19 |
| NOI | $17.2k | $9.56 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 70817, LA
Market
Vacancy Rate% for Office in South region