Fully Leased Class A
9373 Barringer Foreman Rd Baton Rouge, LA 70817
9373 Barringer Foreman Rd, Baton Rouge, LA, 70817
Contact for pricing
For Sale
Contact for pricing
High-visibility office building in South Baton Rouge for sale.
Property Size10,550 SF
Price / SF$236.97
Days on Market645
Property Features for 9373 Barringer Foreman Rd
General Information
- Standard status
- Active
- Size
- 10,550 SF
- Property subtype
- Office
Listing Agency
Elifin Realty Baton Rouge
(800) 895-9329
Listed by
Fabian Edwards · License #LA
Source
Crexi
Added: Oct 14, 2024 Checked: Jul 16 at 9:10 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 Elifin Realty Baton Rouge
Investment Insights
Based on property information with market context.
Located at 9373 Baringer Foreman Rd (Building 3), this fully leased Class A office building is available for sale. It is situated within the architecturally unique Baringer Block development in South Baton Rouge. The property benefits from high visibility along Airline Hwy, with an average of approximately 32,300 vehicles passing daily. The building features high-end finishes, flexible floor plans, and a modern facade. The building's size is 10,550 square feet. This is one of two completed buildings in the five-building development, with all infrastructure in place, including parking, entry drives, and monument signage. The property is located approximately 0.3 mile Northwest of Long Farm, a 273-acre mixed-use development featuring retail tenants such as Rouses, Starbucks, and Zaxby's. It also enjoys easy access to Woman’s Hospital (approximately 1.7 miles south) and nearby developments such as The Crossing and Baringer Foreman Tech Park.
Key Highlights
- Fully leased Class A office building, providing immediate income
- High‑visibility location on Airline Hwy with ±32,300 vehicles passing daily
- Part of the architecturally unique Baringer Block development in South Baton Rouge
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 | $138.0k | $13.08 |
| − Vacancy | −$3.4k | −$0.33 |
| EGI | $134.5k | $12.75 |
| − OpEx | −$33.6k | −$3.19 |
| NOI | $100.9k | $9.56 |
10,550 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,908 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.53M
$2.21M – $2.95M
NOI $176,864 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ThrIVe Wellness of Baton ...
Alternative Medicine Practice
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FAQs
What type of property is this?
Office building - High-visibility office building in South Baton Rouge for sale.
Where is this office building located?
The property is located at 9373 Barringer Foreman Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully leased Class A office building, providing immediate income; High‑visibility location on Airline Hwy with ±32,300 vehicles passing daily; Part of the architecturally unique Baringer Block development in South Baton Rouge
