11408 Lk Sherwood N Ave, Unit 5 Baton Rouge, LA 70816-0420

Property Details for 11408 Lk Sherwood N Ave

Year built

2009

Lot size

1.00 lot acres

Property size

5,664 SF

Property type

Commercial real estate

APN

2709139

APU

2709139

Description

This exceptional Class A office building, situated in the desirable Creekstone Office Park in Baton Rouge, Louisiana, presents a unique investment opportunity. The property, totaling 5,664 square feet, is comprised of two units within a single-story building constructed in 2009. Currently, the occupancy rate stands at 56.76%, with one unit (3,215 sq ft) leased and the other (2,449 sq ft) available for immediate lease or as part of a sale. The asking price for the entire building is $940,224, translating to $166 per square foot. The available suite is fully furnished and move-in ready, boasting high ceilings, crown molding, and granite countertops in the reception and conference areas. This suite includes six private offices, a large conference room, a waiting/reception area, a kitchen/lounge, and a file room. The building sits on a 0.131-acre lot zoned C1 and enjoys a prime location at the end of Lake Sherwood North Avenue, offering convenient access to major thoroughfares including Coursey Blvd, S. Sherwood Forest Blvd, I-12, Airline Highway, Jefferson Highway, I-10, and Bluebonnet Boulevard. The area is home to prominent businesses such as Progressive Insurance, Hargrove Engineers, SIGMA Engineers, and Amedisys. This property is an ideal investment for those seeking a value-add opportunity in a thriving Baton Rouge location. The building is part of a larger six-building office park.

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Longitude

-91.0551

Latitude

30.4183

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments