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LA
Baton Rouge
70816
10604 Coursey Blvd

Property profile

10604 Coursey Blvd Baton Rouge, LA 70816

FOR SALE

Commercial real estate

Property ID

US36-0015803

5,700 SF Built 2006

Entity Owned 10-yr Hold ~ Est. High Equity

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Contact for pricing 5,700 SF

10604 Coursey Blvd, Baton Rouge, LA 70816
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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.

Property type Commercial real estate

Use group COMMERCIAL CONDOMINUIM

Year built 2006

Total area 5,700 SF

APN 2485958

UPID US36-0015803

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Real Estate Agency
Employment Agency
Construction Company General Contractor

10604 Coursey Blvd Baton Rouge, LA 70816

Baton Rouge metro Census 3910 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

by Request

CAP Approach CAP

$820k

Comparable Approach Comparable

$920k

Blend (final) Blend

$830k

since 2016

6 recorded transactions

2016

$798,000

2011

Price N/A

2008

Price N/A

2007

$1.5M

2007

$937,500

2007

$369,762

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