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411 Colonial Dr
Baton Rouge, LA 70806 Mid City Baton Rouge

$399,000

Medical For Sale  •  5,505 Sq Ft

Property Details

  • Property Type Medical
  • Total Building Size 5,505 Sq Ft
  • Lot Size 0.6 ac
  • Building Class C
  • Year Built 1980
  • Cap Rate 8.82 %
  • Tenancy Single
  • Zoning B-1
0 Transit Score
32 Walk Score

Description

Quality office building located in the Goodwood Area on the corner of Colonial Dr. & Kelwood Ave. On the outskirts of the revitalized Mid City area.
Property is currently leased to Cognitive Development Center of Baton Rouge, a behavioral healthcare company providing home and community based services. Cognitive began their occupancy on 9/1/2016 and are in the first extension period of their lease which ends on 8/31/2020.
Floor plan includes a combination of open work areas and private offices with 9 offices, 2 large open work/bullpen areas, a conference room, reception/waiting area, large kitchen/break room and an additional kitchenette in one of the work areas.
Building is situated on a large lot with a large parking area containing 29 parking spaces.
Convenient location with great access to Airline Hwy, Florida Blvd, Government St, Jefferson Hwy and Corporate Blvd.
In close proximity to Towne Center, Bocage and Mid City.
Located at the corner of Colonial Drive and Kelwood Avenue.
Cap Rate: 8.82 %

Public Transportation

AirportDriveWalkDistance
Baton Rouge Metropolitan-Ryan Field Airport 14 min - 7.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Steve Legendre 225-367-1515 SVN / Graham, Langlois & Legendre
Steve Legendre 225-367-1515 SVN / Graham, Langlois & Legendre