5455 Bankers Ave
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5455 Bankers Ave
17,847 SF Office Building Baton Rouge, LA 70808 For Sale
Investment Highlights
- 100% Leased to Government Services Administration with on-site parking and gated parking for employees.
Executive Summary
Facility is 100% Leased to GSA and occupied by Social Security. The lease provides for annual cost of living adjustments as well as tax increases over the term of the lease. This is a new lease for ten years with five (5) year firm term and then five (5), one year renewal options. Well positioned property surrounded by other corporate offices, lodging, retail, and restaurants. Easily accessible from the Interstate 10 and College Drive interchange.
Financial Summary (Pro forma - 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 |
Net Operating Income | - | - |
Financial Summary (Pro forma - 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 |
Net Operating Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
17,847 SF
Building Class
B
Year Built/Renovated
2002/2024
NOI
$426,600 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
17,847 SF
Slab To Slab
10’
Building FAR
0.19
Lot Size
2.12 AC
Zoning
C-2 Heavy Commercial - The zoning category provides for a wide range of uses which includes office as well as retail, restaurant, lodging and other commercial uses.
Parking
109 Spaces (6.11 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 01625918 | Improvements Assessment | $805,577 CAD (2023) |
Land Assessment | $109,224 CAD (2023) | Total Assessment | $914,801 CAD (2023) |
PROPERTY TAXES
Parcel Number
01625918
Land Assessment
$109,224 CAD (2023)
Improvements Assessment
$805,577 CAD (2023)
Total Assessment
$914,801 CAD (2023)
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5455 Bankers Ave
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