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Property profile & analytics
FOR LEASE
Retail space

451 Florida St Baton Rouge, LA 70801

Entity Owned 8-yr Hold
Property ID
US36-0627812
Property summary
AI-generated overview

Located in the epicenter of Baton Rouge, Rivermark Centre includes the two premier buildings in the Baton Rouge skyline. Just three blocks from the Mississippi River, tenants enjoy unparalleled and panoramic views of the riverfront, the Louisiana State Capitol, and the surrounding downtown area. Rivermark Centre stretches an entire city block, bordered by Laurel, Fourth, Fifth, and Florida Streets. A parking garage comprises the first seven stories of II Rivermark and represents the only attached garage with direct access to the building in Downtown Baton Rouge. With high-end finishes throughout the buildings, the suites are move-in ready, all providing a sense of professional elegance and luxury. New renovations expound upon the sophistication and lavishness by bringing a rooftop pool, on-site dining, and a fitness center to the laundry list of amenities. Management is conveniently on-site to assist with the needs of any tenant. The excellent location within the Central Business District contributes to the ease of access for anyone coming to Rivermark Centre. On- and off-ramps for I-110 are within a three-minute drive, and Baton Rouge Metropolitan (BTR) Airport is less than 15 minutes away. These transportation channels open up quick and convenient access to both commuters and out-of-town guests. There is also immediate access to multiple bus stops on the Capital Area Transit System (CATS), with routes circling downtown and providing access to the entire city. Downtown Baton Rouge is a blossoming and highly walkable entertainment hot spot. Third Street has become a vibrant entertainment district, lined with bars and music venues like City Bar Baton Rouge, Squeaky Pete's, and The Basin Music Hall, making it a dining and nightlife destination. Also within walking distance is the Shaw Center, Baton Rouge City Club, 19th District Courthouse, and the State Capitol. Nearby are several high-rated hospitality options, including The Watermark Hotel, and the Raising Cane's River Center, which is host to exciting events at its arena, performing arts theatre, and exhibition hall. Rivermark Centre's prestigious status and access to nearby amenities provide the best balance of professionalism and recreation in the Red Stick's Central Business District.

Property profile
Verified
Property type Retail space
UPID US36-0627812
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jackson Gilmour & Dobbs Law Firm
  • Victor J Woods Jr Law Office Law Firm
  • Quickstaff Nursing Employment Agency
  • Finance America of Louisiana Loan Service
  • Chase Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
La Hermana Mayor LLC · 8 yrs held
La Hermana Mayor LLC
since 2018
2 recorded transactions
2020
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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