Office with Small
For Sale
$1,200,000
1826 Sterkx Road, Alexandria, LA 71301
Includes about 11 offices, bullpen, conference and breakroom, plus a small warehouse in a secured, gated site.
Property Size10,000 SF
Price / SF$120
Days on Market97
Property Features for 1826 Sterkx Road
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
47
Property subtype
Office
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Amenities
breakroom/kitchen
conference room
reception area
automatic gate
Listing Agency:
CBRE Baton Rouge
Listed By:
Jake Loach
(256) 724-2764
Source:
Cbre
Added: Jul 25
Changed: Oct 25
Last Checked: Oct 28 at 6:05AM
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 CBRE Baton Rouge
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Investment Insights
Based on property information with market context.
For sale is a 10,000 SF office with a small warehouse component, previously used as a corporate office headquarters. The layout includes approximately 11 offices lining the exterior with a central bullpen area, along with a large breakroom/kitchen and a large conference room plus reception space.
The property is located on Sterkx Rd in Alexandria near the Alexandria Mall, with convenient access to the Hwy 71 roundabout and I-49 for travel throughout the city. The site is secured with an automatic gate surrounding the property and offers ample on-site parking with approximately 47 spaces. Contact agents for more information.
The property is located on Sterkx Rd in Alexandria near the Alexandria Mall, with convenient access to the Hwy 71 roundabout and I-49 for travel throughout the city. The site is secured with an automatic gate surrounding the property and offers ample on-site parking with approximately 47 spaces. Contact agents for more information.
Key Highlights
- 10,000 SF office with small warehouse on Sterkx Rd in Alexandria near Alexandria Mall
- Configured for corporate use with approx. 11 offices, center bullpen, reception, and large conference room
- Includes a large breakroom/kitchen area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,101
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,502,020
$1.5M
Cap Rate 7%
$1,072,871
$1.1M
Cap Rate 9%
$834,456
$834.5K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$94.8K $9.48/SF
− Vacancy
−$6.4K −$0.64/SF
EGI
$88.4K $8.84/SF
− OpEx
−$13.3K −$1.33/SF
NOI
$75.1K $7.51/SF
Area
Rapides County, LA
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,502,020
Cap Rate 7%
$1,072,871
Cap Rate 9%
$834,456
Alternative Uses
Best Use
Warehouse
$1.07M
$938.8K – $1.25M
NOI $75,101 @ 7.0% cap · market cap 6.26%
Second Best
Flex RnD
$906.4K
$793.1K – $1.06M
NOI $63,445 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$2.76M
$2.41M – $3.22M
NOI $192,960 @ 7.0% cap · market cap 16.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71301, LA
20,454
Population
9,173
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
12.5 sq mi
ZIP Area
1,636
Density / Sq Mi
$44,330
Median Household Income
$31,233
Median Earnings
$919
Median Rent
$156,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- S'mel Good Catering — 1819 Memorial Dr, Alexandria, LA 71301
Frequently Asked Questions
What type of property is this?
Flex space - Includes about 11 offices, bullpen, conference and breakroom, plus a small warehouse in a secured, gated site.
Where is this flex space located?
The property is located at 1826 Sterkx Road Alexandria, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 10,000 SF office with small warehouse on Sterkx Rd in Alexandria near Alexandria Mall; Configured for corporate use with approx. 11 offices, center bullpen, reception, and large conference room; Includes a large breakroom/kitchen area
