Description

This income-producing multi-tenant office building in the Sherwood Forest area of Baton Rouge offers a compelling investment opportunity with stable and fully leased cash flow. The property consists of 11 individual office suites, currently at 100% occupancy, generating a gross monthly income of $4,475. With average annual expenses of approximately $19,000, the asset provides reliable returns along with potential for future rent increases. Ideally located in a quiet, professional setting, the building offers convenient access to Sherwood Forest Boulevard and is just five minutes from I-10, enhancing accessibility for tenants and their clients. The property also features ample on-site parking and is surrounded by shopping and business services, adding to its overall appeal. Well maintained and occupied by a stable tenant mix, this asset is suitable for both investors seeking consistent income and owner-users. An additional opportunity is available at 5422 Galeria Drive directly across the street. Showings are by appointment only, and tenants should not be disturbed.