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9247 Bluebonnet Blvd 11,900 SF 60% Leased Office Building Baton Rouge, LA 70810 $3,629,392 CAD ($304.99 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • clear span in front two suites allows for options in size and location of suites without structural changes

EXECUTIVE SUMMARY

11,900 square feet, three suites
Suite A: Leased 2,300 square feet $3,500.00 Monthly.
Leased on 1/23/22 3-year primary term with four renewal terms: First renewal term $3,600.00 monthly, Second renewal $3,700.00 monthly, Third renewal $3,800.00 monthly, Fourth renewal $3,900.00 monthly.
Suite B: Leased 4,800 square feet $7,083.00 Monthly.
Leased on 4/1/23 5-year primary with one 5-year renewal option $8,404.17 monthly.
Suite C: Occupied by owner 4,800 square feet
Flood zone X
Total yearly property tax $30,166.00
Water bill entire building $110.00 month.
AC yearly service $1,400.00
Landscaping and grass cutting $350.00 monthly.
Arrow Pest control $166.00 yearly
Insurance $13,120.00 Yearly premium.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
11,900 SF
Building Class
B
Year Built
2007
Price
$3,629,392 CAD
Price Per SF
$304.99 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,900 SF
Building FAR
0.05
Lot Size
5.00 AC
Zoning
Commercial - commercial office or medical
Parking
46 Spaces (3.87 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02210967
  • 02210940
  • 02210959
Land Assessment
$54,916 CAD
Improvements Assessment
$312,890 CAD
Total Assessment
$367,805 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 34361522

  • Date on Market: 2025-01-03

  • Last Updated:

  • Address: 9247 Bluebonnet Blvd, Baton Rouge, LA 70810

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