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Office Building with Parking
For Sale
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Pending

411 Colonial Dr, Baton Rouge, LA 70806

Leased office property offering private offices, open work areas, and conference facilities in a multi-room configuration.

Property SizeContact for details
Days on Market147

Property Features for 411 Colonial Dr

General Information

Standard status Pending
Total Parking Spaces 29
Property subtype Office

Financials

Asking Price $415,000
Cap Rate 8.48%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Tenancy Single
Owner Occupied No
Abandoned No
Listing Agency: Stirling Properties Baton Rouge
Listed By: Joey Canella · License #LA SALE.0912123863-ACT
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Sep 2 at 7:15PM

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 Stirling Properties Baton Rouge

Investment Insights

Based on property information with market context.

This office building is occupied by Cognitive Development Center of Baton Rouge, a behavioral healthcare company providing home and community-based services. The current lease began on September 1, 2016, and is in its first extension period through August 31, 2020.

The interior combines nine private offices with two large open work areas, a conference room, reception and waiting areas, a substantial kitchen and break room, and a separate kitchenette. The property sits on a large lot with 29 parking spaces and occupies the corner of Colonial Dr. and Kelwood Ave. in the Goodwood Area.

Access extends to Airline Hwy, Florida Blvd, Government St, Jefferson Hwy, and Corporate Blvd. Towne Center, Bocage, and Mid City are nearby, with the property positioned on the outskirts of the revitalized Mid City area.

Key Highlights

  • Currently leased to Cognitive Development Center of Baton Rouge
  • Lease commenced 9/1/2016; first extension period ends 8/31/2020
  • Interior includes 9 offices, 2 large open work areas, and a conference room

Property Analytics

Current Use

Cognitive Development Center Counselor Areaine M. Batiste-Johnson, ... Pharmacy

Suggested Use

Top Pick Restaurant Building Supply Grocery & Convenience Store Real Estate Agency Parking Lot & Garage Gym & Fitness Center

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

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,324
Businesses Nearby

Demographics for 70806, LA

27,898
Population
14,972
Households
1.9
Avg Household Size
37
Median Age
40%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
3,135
Density / Sq Mi
$53,430
Median Household Income
$41,894
Median Earnings
$1,014
Median Rent
$321,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Leased office property offering private offices, open work areas, and conference facilities in a multi-room configuration.
Where is this office building located?
The property is located at 411 Colonial Dr Baton Rouge, LA.
What are key features of this property?
This property features: Currently leased to Cognitive Development Center of Baton Rouge; Lease commenced 9/1/2016; first extension period ends 8/31/2020; Interior includes 9 offices, 2 large open work areas, and a conference room
(225) 367-1515 Call to check price and availability
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