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Garden Office Park For Lease
For Lease
$24 SF/Yr Modified Gross

9850 Sullivan Rd, Baton Rouge, LA 70818

Office spaces available in new commercial development.

Space SizeContact for details
Days on Market882

Property Features for 9850 Sullivan Rd

General Information

Standard status Active
Total Parking Spaces 100
Property subtype Office
Zoning C-1
Lease Type Modified Gross

Amenities

Power
Water
Sewer
100 Parking Spaces

Building Details

Year Built 2024

Spaces For Lease

at 9850 Sullivan Rd
Available Space $24/Mo
Contact us
Listing Agency: Maestri-Murrell Inc
Listed By: Ransom Pipes
Source: Lacdb.resimplifi
Added: May 15, 2024 Changed: Oct 11 Last Checked: Oct 12 at 4:49PM

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 Maestri-Murrell Inc

Investment Insights

Based on property information with market context.

A garden office park is under development in Central, near the intersection of Sullivan Road and Wax Road. This is Phase III of a commercial development where Phases I and II are fully leased by retail businesses. The available office spaces range from 1,100 to 10,500 square feet. The lease rate is between $24.00 and $30.00 per square foot.

Key Highlights

  • New commercial development in a central location
  • Phase I and II retail spaces are fully leased by established businesses, including Starbucks and Smoothie King
  • Phase III features a 20,600 Sq. Ft. garden office park

Property Analytics

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Current Use

Merci Nail Lounge Nail Salon HOTWORX - Baton Rouge ... Gym & Fitness Center The Crossroads Mold Removal ... Home Inspector Lit Pizza - Central Restaurant Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Building Supply Law Firm Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby

Demographics for 70818, LA

10,492
Population
4,358
Households
2.4
Avg Household Size
40
Median Age
36%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
709
Density / Sq Mi
$77,262
Median Household Income
$49,741
Median Earnings
$1,353
Median Rent
$255,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Baton Rouge, LA

$20.65 /SF/Yr
Avg Asking Price
$1.31–$275 /SF/Yr
Price Range
15,343 SF
Avg Space Size

This space is priced 16% above the average of $20.65 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office spaces available in new commercial development.
Where is this office units located?
The property is located at 9850 Sullivan Rd Baton Rouge, LA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: New commercial development in a central location; Phase I and II retail spaces are fully leased by established businesses, including Starbucks and Smoothie King; Phase III features a 20,600 Sq. Ft. garden office park
More about this property
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