10604 Coursey Blvd, Baton Rouge, LA 70816
For Sale
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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.
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RentHouse Real Estate Agency
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Colorado Professional Resources Employment Agency
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Apex Constructors Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.