Commercial Property of the Week, sponsored by Elifin Realty: Auction set for income-producing office complex

Author Profile Image
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

Great Fosters Office Suites is a 33,915-square-foot three-building office complex located at 660 North Foster Drive. The complex has 400 feet of frontage along North Foster and is situated on 1.98 acres. The complex is currently 62% occupied by a handful of local tenants and a Louisiana State Governmental Agency. It produces a net operating income of $144,284 and gives investors substantial value-add potential through additional lease-up. The online auction is scheduled for November 16-18, 2020 with a starting bid of $400,000. Call Keagan Finley for details at 225.659.8658. To register for the online auction, please click here.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business