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9247 Bluebonnet Blvd 11,900 SF 100% Leased Office Building Baton Rouge, LA 70810 $2,600,000 ($218.49/SF)
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.
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 | Annual Per SF |
|---|---|---|
| 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 | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| 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
$2,600,000
Price Per SF
$218.49
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,900 SF
Building FAR
0.05
Lot Size
5.00 AC
Parking
46 Spaces (3.87 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Numbers | Total Assessment | $261,910 | |
| Land Assessment | $39,105 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $222,805 | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$39,105
Improvements Assessment
$222,805
Total Assessment
$261,910
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Rentavated, LLC
9247 Bluebonnet Blvd
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