Two-Story Office Building with
For Sale
$2,000,000
4333 American Way, Baton Rouge, LA 70816
Centrally located two-story office building with high-end finishes, elevator service, and a rear covered area.
Property Size9,682 SF
Price / SF$206.57
Days on Market49
Property Features for 4333 American Way
General Information
Standard status
Active
Size
9,682 SF
Class
A
Property subtype
Office
Building Details
Building Size
9,682 SF
Stories
2
Listing Agency:
Beau Box Commercial Real Estate
(225) 717-2790
Listed By:
Ashlyn Plaisance · License #0995697184
Source:
Beaubox
Added: Jun 25
Changed: Aug 11
Last Checked: Aug 12 at 4:46AM
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 Beau Box Commercial Real Estate
Investment Insights
Based on property information with market context.
This offering is a 9,682 SF two-story office building designed with high-end finishes. The property includes elevator service and a rear covered area, supporting a professional office environment with both primary and back-of-house convenience.
The building is centrally located with access to Coursey Blvd and Sherwood Forest Blvd. It also provides quick access to major corridors including I-12, I-10, Airline Hwy, Siegen Ln, Bluebonnet Blvd, and Jefferson Hwy.
For buyers seeking a straightforward office use, this property offers a managed, multi-level layout served by an elevator, along with a covered rear area that can help support day-to-day operations. Its central location and connectivity to multiple major roadways can make it a practical fit for office tenants and owner-operators looking for an accessible, finish-forward workplace.
The building is centrally located with access to Coursey Blvd and Sherwood Forest Blvd. It also provides quick access to major corridors including I-12, I-10, Airline Hwy, Siegen Ln, Bluebonnet Blvd, and Jefferson Hwy.
For buyers seeking a straightforward office use, this property offers a managed, multi-level layout served by an elevator, along with a covered rear area that can help support day-to-day operations. Its central location and connectivity to multiple major roadways can make it a practical fit for office tenants and owner-operators looking for an accessible, finish-forward workplace.
Key Highlights
- 9,682 SF two‑story office building
- Central location with access to both Coursey Blvd and Sherwood Forest Blvd
- Quick access to I‑12, I‑10, Airline Hwy, Siegen Ln, Bluebonnet Blvd, and Jefferson Hwy
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
$92,606
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
4.63%
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%
$1,852,120
$1.9M
Cap Rate 7%
$1,322,943
$1.3M
Cap Rate 9%
$1,028,956
$1.0M
Market Conditions
NOI Build-Up for 9,682 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
$126.6K $13.08/SF
− Vacancy
−$3.2K −$0.33/SF
EGI
$123.5K $12.75/SF
− OpEx
−$30.9K −$3.19/SF
NOI
$92.6K $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%
$1,852,120
Cap Rate 7%
$1,322,943
Cap Rate 9%
$1,028,956
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,606 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.71M
NOI $162,313 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,593
Businesses Nearby
Explore this area
Business Placement
Demographics for 70816, LA
45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Centrally located two-story office building with high-end finishes, elevator service, and a rear covered area.
Where is this office building located?
The property is located at 4333 American Way Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 9,682 SF two‑story office building; Central location with access to both Coursey Blvd and Sherwood Forest Blvd; Quick access to I‑12, I‑10, Airline Hwy, Siegen Ln, Bluebonnet Blvd, and Jefferson Hwy
