Fully-Leased Office Investment For Sale – National Tenant

10604 Coursey Blvd Baton Rouge, LA 70816

10604 Coursey Blvd, Baton Rouge, LA, 70816
10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816 10604 Coursey Blvd, Baton Rouge, LA, 70816
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,100,501
Last Verified:
Sep 18, 2024

Daily Email Blast
0 times


Highlights

  • Fully occupied by a multi-location, multi-state tenant - Avita Pharmacy
  • Tenant has been in place since 2016
  • Leased through March 2028
  • Base rent will increase in 2025

Description

Now available for sale, 10604 Coursey Blvd is a unique investment opportunity currently occupied by a multi-location, multi-state tenant - Avita Pharmacy.

After exercising a renewal option in 2024, the tenant's current lease extends through March 2028. The signed renewal lease includes a base rent increase beginning in 2025. Tenant has been in place since 2016.

The property is located within Investar Tower office park, directly behind the Coursey Medical Plaza.

The property enjoys just ±2 Minute access to Airline Hwy and ±4 minute access to I-12.

***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Sale Brochure” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

C

Building Size: 5600sq ft
Building Class: A
Lot Size: 0 acres

Map of 10604 Coursey Blvd, Baton Rouge, LA, 70816

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.