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2929 Millerville Rd Baton Rouge, LA 70816

OFF-MARKET Office Spaces Google Maps
8,128 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional Class A office building, located in the Millerville Business Park of East Baton Rouge Parish, offers a rare opportunity. The 8,128 square foot building features a single, spacious suite (1A) currently offering 3,080 square feet of immediately available space. Suite 1A boasts a welcoming lobby, a dedicated reception area, eight private offices, a conference room, three restrooms, two copy rooms, and a large break area, perfect for a growing business. The building is situated in a quiet office complex yet enjoys convenient access to a bustling commercial corridor, with proximity to Rotolo's Pizzeria and other retail amenities. Its location is approximately 0.29 miles from I-12, providing easy access to major transportation routes and the larger retail developments along Millerville Road. The building offers a modified gross lease structure. The landlord is offering an incentive of up to three months of free rent. Future development plans for the site include the potential addition of two more office buildings, presenting an excellent long-term investment prospect for expanding businesses. This is a truly unique opportunity to secure high-quality office space in a desirable location with significant growth potential.

Property profile

Verified
Property type Office Spaces
Total area 8,128 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Freight Service Logistics Company
  • Real Estate Agency
  • Real Estate Agency
  • Construction Company General Contractor

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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