Office Building | Owner Occupant Opportunity

5551 Corporate Boulevard Baton Rouge, LA 70808

5551 Corporate Boulevard, Baton Rouge, LA, 70808
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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$9,600,000
Last Verified:
May 10, 2024

Highlights


Description

Property One, Inc. is pleased to bring to market an opportunity to purchase a Class A office building on Corporate Boulevard in Baton Rouge. The building has 51,920 rentable square feet and is situated on 2.55 acres.

Constructed in the early 1980's and the original home of Lamar Advertising, 5551 Corporate provides a unique opportunity to own and occupy in an area with high historical occupancy. Several large corporations and businesses have established their headquarters in this corridor including Lamar Advertising, Louisiana Farm Bureau and Republic Finance adding to this submarket's desirability. With its proximity to major hotels and upscale dining and shopping, 5551 Corporate is an ideal location to host out of town executives and clients while offering an inviting environment for in-office employees.

BUILDING
This 3-story class A office building located on Corporate Boulevard has up to 51,920 SF of space available for lease. The building is currently undergoing renovations to include upgrades to the major electrical and mechanical components as well as lighting, flooring, and interior finishes throughout.

PARKING
The building is situated on 2.5 acres with approximately 212 parking spaces providing a ratio of 4.08 parking spaces per 1000 RSF. Due to the availability of parking, the owner would consider designating a certain number of spaces if secured or dedicated parking is needed.

LOCATION
Located in the desirable Acadian/College submarket of Baton Rouge, the property is located on the north side of Corporate Boulevard at the intersection of Park Plaza Drive just east of College Drive. The property's proximity to Interstate 10 makes it easily accessible from Lafayette, New Orleans, Hammond and downtown Baton Rouge.

The office is within walking distance of several hotels, restaurants and banks and just a short drive to Towne Center at Cedar Lodge, a premier open-air center with many unique shopping and dining options.

Situated on the north side of Corporate Boulevard at the intersection of Park Plaza Drive east of College Drive and located in the desirable College/Acadian submarket of Baton Rouge. The property's proximity to Interstate 10 makes it easily accessible to Lafayette, New Orleans, Hammond and downtown Baton Rouge.

The property is within walking distance of several hotels, restaurants and banks and a short drive to Towne Center at Cedar Lodge, a premier open-air center with many unique shopping and dining options.

Area businesses include: Mansur's On the Boulevard, Sullivan's, Albasha, Jason's Deli, Another Broken Egg, Home Bank, Cottonport Bank, Marriot, Extended Stay America, Tru by Hilton, Richmond Inn & Suites, Movie Tavern, Lamar Advertising, Farm Bureau, Bancorp South, Louisiana National Bank, Social Security Administration, Lee Michaels Headquarters, LUBA, and many more

Building Size: 51920sq ft
Building Class: A
Lot Size: 2.55 acres


Documents

5551 Corporate_Sale Flyer
5551 Corporate_Lease Brochure

Units for Lease

Suite 101
Space Available: 4379 SF
Lease Type: Full Service

Price Per Sqft/Month: $22.50
Suite 102
Space Available: 11032 SF
Lease Type: Full Service

Price Per Sqft/Month: $22.50
Suite 200
Space Available: 17636 SF
Lease Type: Full Service

Price Per Sqft/Month: $22.50
Suite 300
Space Available: 18132 SF
Lease Type: Full Service

Price Per Sqft/Month: $22.50

Map of 5551 Corporate Boulevard, Baton Rouge, LA, 70808

Presented by:
Property One, Inc.

Request additional information
Will Adams


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