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    Property profile & analytics
    FOR SALE
    Commercial real estate

    10604 Coursey Blvd, Baton Rouge, LA 70816

    5,700 SF Built 2006
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US36-0015803
    Property summary
    AI-generated overview

    This exceptional Class A executive office building, located at 10604 Coursey Blvd in Baton Rouge, Louisiana, presents a compelling investment opportunity. The property encompasses 5,600 square feet and is 100% occupied by Avita Pharmacy, a multi-location, multi-state tenant, under a modified lease. Avita Pharmacy has been a reliable tenant since 2016, and recently exercised a renewal option extending their lease through March 30, 2028. The lease includes a built-in rent increase commencing in 2025, providing predictable income growth. Strategically situated within the Investar Tower office park, directly behind Coursey Medical Plaza, this property benefits from excellent visibility and accessibility. Enjoy convenient access to major transportation arteries, with approximately a 2-minute drive to Airline Highway and a 4-minute drive to I-12. The asking price for this fully-leased, single-tenant investment is $1,100,501. Detailed financial information, including rent rolls, income, and expense data, is available upon request. This is a rare opportunity to acquire a stable, high-performing asset in a desirable Baton Rouge location. The property is in East Baton Rouge Parish, zip code 70816.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL CONDOMINUIM
    Year built 2006
    Total area 5,700 SF
    APN 2485958
    UPID US36-0015803
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • RentHouse Real Estate Agency
    • Colorado Professional Resources Employment Agency
    • Apex Constructors Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $820k
    Comparable Approach Comparable
    $920k
    Blend (final) Blend
    $830k
    Owner & transaction history
    Copeland Property Invs LLC · 10 yrs held
    Copeland Property Invs LLC
    since 2016
    6 recorded transactions
    2016
    $798,000
    2011
    2008
    2007
    $1.5M
    2007
    $937,500
    2007
    $369,762
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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