Office with Small
1826 Sterkx Road Alexandria, LA 71301
New
For Sale
$1,200,000
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 Market6
Property Features for 1826 Sterkx Road
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Office
Listing Agency:
CBRE | Baton Rouge
(256) 724-2764
Listed By:
Jake Loach · License #LA SALE.0995688631-ACT
(256) 724-2764
Source:
Cbre
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 30 at 3:46AM
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
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 For Warehouse
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 | $94.8k | $9.48 |
| − Vacancy | −$6.4k | −$0.64 |
| EGI | $88.4k | $8.84 |
| − OpEx | −$13.3k | −$1.33 |
| NOI | $75.1k | $7.51 |
10,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.34M
NOI $140,400 @ 7.0% cap · market cap 11.70%
Second Best
Warehouse
$1.07M
$938.8K – $1.25M
NOI $75,101 @ 7.0% cap · market cap 6.26%
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.
Property Analytics
Location Intelligence
Current Use
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
