11925 Wentling Ave | Baton Rouge, LA 70816
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11925 Wentling Ave
Baton Rouge, LA 70816
100% Occupied, Stand-Alone Investment · Office Property For Sale
Investment Highlights
- 100% Occupied
- Stand Alone Building
Executive Summary
100% Occupied, Stand-Alone Investment
10.08% Cap Rate
Actual Numbers, not Proforma
$41,750 NOI
5,124 SqFt Total broken into 4 Suites
Suite A: 821 SqFt Leased
Suite B: 1,086 SqFt Leased
Suite C: 1,321 SqFt Leased
Suite D: 1,886 SqFt Leased
Contact Broker for Confidentiality Agreement and access to income / expense information
25 Off-Street Parking Spaces
Not In Flood Zone
New Roof March 2020
3 of 4 Suites Fully Renovated
Separately Metered Electricity
1 Water Meter
HVAC Schedule On-Hand (all makes, tonnage, years)
ALTA Survey Attached
Floor Plan Attached
Owner/Agent
10.08% Cap Rate
Actual Numbers, not Proforma
$41,750 NOI
5,124 SqFt Total broken into 4 Suites
Suite A: 821 SqFt Leased
Suite B: 1,086 SqFt Leased
Suite C: 1,321 SqFt Leased
Suite D: 1,886 SqFt Leased
Contact Broker for Confidentiality Agreement and access to income / expense information
25 Off-Street Parking Spaces
Not In Flood Zone
New Roof March 2020
3 of 4 Suites Fully Renovated
Separately Metered Electricity
1 Water Meter
HVAC Schedule On-Hand (all makes, tonnage, years)
ALTA Survey Attached
Floor Plan Attached
Owner/Agent
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
5,124 SF
Building Class
C
Year Built/Renovated
1979/2008
Price
£324,286
Price Per SF
£63
Net Initial Yield
10.08%
NOI
£32,703
Percent Leased
79%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
5,124 SF
Slab to Slab
10 ft
Building FAR
0.23
Lot Size
0.51 AC
Zoning
LC-1 - LC-1
Parking
20 Spaces (3.9 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Reception
PROPERTY TAXES
Parcel Number | 03105067 | Improvements Assessment | £28,113 |
Land Assessment | £3,392 | Total Assessment | £31,504 |
PROPERTY TAXES
Parcel Number
03105067
Land Assessment
£3,392
Improvements Assessment
£28,113
Total Assessment
£31,504
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