For Sale
$1,100,501

10604 Coursey BlvdBaton Rouge, LA 70816

5,600 SF, Avita Pharmacy Leased

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A executive office building, located at 10604 Coursey Blvd in Baton Rouge, Louisiana, presents a compelling investment opportunity. The property encompasses 5,600 square feet and is 100% occupied by Avita Pharmacy, a multi-location, multi-state tenant, under a modified lease. Avita Pharmacy has been a reliable tenant since 2016, and recently exercised a renewal option extending their lease through March 30, 2028. The lease includes a built-in rent increase commencing in 2025, providing predictable income growth. Strategically situated within the Investar Tower office park, directly behind Coursey Medical Plaza, this property benefits from excellent visibility and accessibility. Enjoy convenient access to major transportation arteries, with approximately a 2-minute drive to Airline Highway and a 4-minute drive to I-12. The asking price for this fully-leased, single-tenant investment is $1,100,501. Detailed financial information, including rent rolls, income, and expense data, is available upon request. This is a rare opportunity to acquire a stable, high-performing asset in a desirable Baton Rouge location. The property is in East Baton Rouge Parish, zip code 70816.

Highlights

  • Fully occupied by Avita Pharmacy, a multi-state tenant.
  • Strong tenant history, in place since 2016.
  • Long-term lease expiring March 2028.
  • Rent escalates in 2025.

Property Details for 10604 Coursey Blvd

Property type
Office properties
Square Feet
5,600 SF
Class
A
Buildings
1

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4159484
Longitude
-91.0632595
10604 Coursey Blvd, Baton Rouge, Louisiana

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10604 Coursey Blvd
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