Office Space - For Sale
214 Ocean Drive Baton Rouge, LA 70806
Details & Description
Price: $425,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.000
  • Building Sq Ft 5,580
  • Building Price per Sq Ft $76.16
Single tenant office investment property located in Baton Rouge, Louisiana. Situated in Mid City, Baton Rouge's re-emerging retail and office corridor. The building is home to national care provider ResCare. Tenant signed a five (5) year lease in August 2016 with primary term remaining through July 31, 2021. Landlord pays real estate taxes and property insurance. Landlord maintains the roof / structure and is responsible for replacement of H/VAC systems. Tenant is responsible for dumpster, lawn and landscaping, repairs and maintenance, including H/VAC maintenance.As the largest diversified health and human services provider in the U.S., ResCare is the largest private provider of services to people with disabilities, the largest privately-owned home care company, the largest provider of specialized high-acuity neuro-rehab in community settings and the largest career center workforce contractor in the U.S.ResCare has two (2) options to renew within the lease agreement, each for a period of two (2) years. Owner will consider owner/financing the property to a qualified investor.
Additional Photos
Listing Agents
Justin Langlois

O: 225-329-0287
M: 225-445-6434
jlanglois@stirlingprop.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

214 Ocean Drive

Baton Rouge, LA 70806

Listing ID: 239104
$425,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.000
  • Building Sq Ft 5,580
  • Building Price per Sq Ft $76.16
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Description

Single tenant office investment property located in Baton Rouge, Louisiana. Situated in Mid City, Baton Rouge's re-emerging retail and office corridor. The building is home to national care provider ResCare. Tenant signed a five (5) year lease in August 2016 with primary term remaining through July 31, 2021. Landlord pays real estate taxes and property insurance. Landlord maintains the roof / structure and is responsible for replacement of H/VAC systems. Tenant is responsible for dumpster, lawn and landscaping, repairs and maintenance, including H/VAC maintenance.

As the largest diversified health and human services provider in the U.S., ResCare is the largest private provider of services to people with disabilities, the largest privately-owned home care company, the largest provider of specialized high-acuity neuro-rehab in community settings and the largest career center workforce contractor in the U.S.

ResCare has two (2) options to renew within the lease agreement, each for a period of two (2) years. Owner will consider owner/financing the property to a qualified investor.

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Points of Interest & Demographic Radii
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Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Baton Rouge History of Office Space for Sale

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Baton Rouge Area Market Trends

Listing Demographics for 214 Ocean Drive Baton Rouge, LA 70806

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population9,47076,730213,317
Population Median Age373837
Population by Age0-9 Yrs1659 (17%)10076 (13%)28158 (13%)
10-19 Yrs953 (10%)8898 (11%)27964 (13%)
20-29 Yrs1287 (13%)12538 (16%)40199 (18%)
30-39 Yrs1525 (16%)11350 (14%)28589 (13%)
40-49 Yrs898 (9%)8396 (10%)21611 (10%)
50-59 Yrs953 (10%)8866 (11%)23704 (11%)
60-69 Yrs1037 (10%)8700 (11%)22927 (10%)
70+ Yrs1157 (12%)7907 (10%)20165 (9%)
Median HH Income$34,827$46,482$46,579
Total Household Income< 24K1450 (36%)9080 (29%)23795 (29%)
25-49K934 (23%)7275 (23%)19190 (23%)
50-74K400 (10%)4425 (14%)13151 (16%)
75-99K310 (7%)3344 (10%)7783 (9%)
100-199K603 (15%)5057 (16%)13030 (16%)
200K+237 (6%)1718 (5%)4414 (5%)
Highest Education LevelNo Diploma1036559515747
Diploma or GED15251359337401
Some College13921162330703
Assoc. Degree28522496152
Bachelors Degree11591114426695
Higher Degree920668317721
Total Housing Units4,67536,49197,855
--Owner-Occupied1,53315,96841,344
--Renter-Occupied2,40014,93140,019
Owner-Occupied Values< 100K15438389447
100-199K445529014616
200-299K29931199075
300-399K20614473387
400-499K1197361586
500K+31015373233
Total Working Age Population7,26961,459171,151
In Work Force4,47040,644111,046
Not In Work Force2,79820,81560,105
Workforce Employed4,06237,603101,746
Workforce Unemployed4023,0309,242
Civlian Workforce4,46440,633110,988
Military Workforce61158
Total Households3,93330,89981,363
Family Households2,00016,59443,458
Non-Family Households1,93314,30537,905
Married Couple1,0809,42524,871
Other Family9207,16918,586
Married w/Child4203,1548,493
Single Male w/Child605081,386
Single Female w/Child5373,1707,438

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Louisiana4,468,976+14,533,372+14,588,310+54,813,420
East Baton Rouge Parish412,852+7440,171-3426,380-1421,500
Iberville Parish33,320033,387-1727,830-1124,640
St. Martin Parish48,583+752,160+655,520+357,000
West Baton Rouge Parish21,601+1023,788-722,220-521,070

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Lafayette Regional Airport (LFT) 55
Louis Armstrong New Orleans International Airport (MSY) 60
Gulfport Biloxi International Airport (GPT) 122
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