Office Warehouse Investment
8900 S Choctaw Dr Baton Rouge, LA 70815
8900 S Choctaw Dr, Baton Rouge, LA, 70815
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For Sale
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22,695 SF office/warehouse, 66% leased, high-traffic location.
Property Size22,695 SF
Price / SF$88.13
Days on Market1216
Property Features for 8900 S Choctaw Dr
General Information
- Standard status
- Active
- Size
- 22,695 SF
- Property subtype
- Office, Industrial
Listing agency
Elifin Realty Baton Rouge
(225) 485-0238
Listed by
Alex Ruch · License #995714093
Source
Crexi
Added: Mar 24, 2023 Updated: Jul 6 at 8:29AM Checked: Jul 20 at 4:09AM
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 Elifin Realty Baton Rouge
Investment Insights
Based on property information with market context.
This approximately 22,695 SF office/warehouse property includes approximately 15,495 SF of office space and approximately 7,200 SF of warehouse space. The office space is divided into two suites with common areas but can be utilized as one contiguous office space. It features a lobby/reception area, an array of private offices, conference rooms, open cubical areas, a file/copy room, mechanical closets, a break room, and restrooms. The climate-controlled warehouse area is divided into two spaces, approximately 2,300 SF and approximately 3,650 SF, and includes 16.0’ ceilings comprised of an exposed metal frame with mounted light fixtures. There are six grade-level roll-up overhead doors. The detached truck bay is approximately 1,250 SF and has approximately 14.0’ clearance. New silicone roofing was installed 2024-2025. The property is located on the corner of S Choctaw Dr and Oak Villa Blvd, with approximately 31,768 daily traffic. S Choctaw Dr/Choctaw Dr is a major commercial/industrial thoroughfare running from Downtown Baton Rouge to the eastern edge of Baton Rouge city limits. The property enjoys approximately 1 mile of access to Airline Hwy and approximately 10 minutes of access to I-12. The property is 66% leased to a national long-term tenant through June 2028 at $17.17/SF gross, with the remaining space currently owner-occupied.
Key Highlights
- 66% leased to a national long‑term tenant through June 2028 at $17.17/SF gross.
- Located on a highly visible corner with ±31,768 daily traffic.
- ±22,695 SF office / warehouse with flexible space configuration (±15,495 SF office, ±7,200 SF warehouse).
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.6k | $9.72 |
| − Vacancy | −$4.4k | −$0.19 |
| EGI | $216.2k | $9.53 |
| − OpEx | −$32.4k | −$1.43 |
| NOI | $183.8k | $8.10 |
22,695 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.10M
$2.71M – $3.62M
NOI $217,072 @ 7.0% cap · market cap 10.85%
Second Best
Warehouse
$2.63M
$2.30M – $3.06M
NOI $183,775 @ 7.0% cap · market cap 9.19%
Theoretical Best
Specialty Retail
$5.44M
$4.76M – $6.34M
NOI $380,467 @ 7.0% cap · market cap 19.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
BearCom
Electronics & Wireless Store
EMCO Technologies
Tech Support Center
Similar For Sale Nearby
Similar Off Market Nearby
- Catering Cajun — 1625 N Airway Dr, Baton Rouge, LA 70815
FAQs
What type of property is this?
Flex space - 22,695 SF office/warehouse, 66% leased, high-traffic location.
Where is this flex space located?
The property is located at 8900 S Choctaw Dr 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: 66% leased to a national long‑term tenant through June 2028 at $17.17/SF gross.; Located on a highly visible corner with ±31,768 daily traffic.; ±22,695 SF office / warehouse with flexible space configuration (±15,495 SF office, ±7,200 SF warehouse).