Downtown Office/Retail Building For
525 Florida St Baton Rouge, LA 70801
525 Florida St, Baton Rouge, LA, 70801
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For Sale
Contact for pricing
30,000 SF office/retail building in the heart of Downtown Baton Rouge.
Property Size30,000 SF
Price / SF$150.51
Days on Market1545
Property Features for 525 Florida St
General Information
- Standard status
- Active
- Size
- 30,000 SF
- Property subtype
- Office
Listing Agency
Saurage Rotenberg Commercial Real Estate
Listed by
Carmen Austin, MBA, CCIM, SIOR · License #LA BROK.0912122713-ASA
Source
Crexi
Added: Apr 28, 2022 Checked: Jul 20 at 5:20 am
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 Saurage Rotenberg Commercial Real Estate
Investment Insights
Based on property information with market context.
This 30,000 square foot office/retail building is located in the heart of Downtown Baton Rouge, offering an excellent address on a main east/west thoroughfare. The property includes two parking lots, one with 28 spaces and an additional lot at 5th and Laurel with 30 spaces. Situated five blocks from the Mississippi River and near the I-110 exit, the building provides excellent access and visibility. It is located across the street from the Rivermark Centre Tower, which features office, retail, and residential space. The building has long-term tenants, with some vacancy on the 2nd and 4th floors, offering flexible floor plans. The property is suitable for schools, state and governmental agencies, law firms, and financial firms. It also presents an ideal opportunity for downtown condo conversion or owner/occupant use, with expansive rooftop views.
Key Highlights
- Premier downtown location in the heart of Baton Rouge.
- Includes two parking lots with a total of 58 parking spaces.
- 30,000 SF Office/Retail Building with long‑term tenants.
Local Financial Insights For Office B
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 | $392.4k | $13.08 |
| − Vacancy | −$9.8k | −$0.33 |
| EGI | $382.6k | $12.75 |
| − OpEx | −$95.6k | −$3.19 |
| NOI | $286.9k | $9.56 |
30,000 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.10M
$3.59M – $4.78M
NOI $286,943 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.18M
$6.29M – $8.38M
NOI $502,931 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
FedEx Office Print ...
Courier Service
Baton Rouge Capital ...
Law Firm
Baton Rouge Concreters
Construction Company
ADR Data Recovery ...
Computer & Electronic Repair
Rush My Passport
Travel Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 30,000 SF office/retail building in the heart of Downtown Baton Rouge.
Where is this office building located?
The property is located at 525 Florida St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $4,515,150.
What are key features of this property?
This property features: Premier downtown location in the heart of Baton Rouge.; Includes two parking lots with a total of 58 parking spaces.; 30,000 SF Office/Retail Building with long‑term tenants.
