Active For Sale InvestmentOffice

11100 Mead Rd

11100 Mead Rd, Baton Rouge, LA, 70816

ID 987b7346

Overview

11100 Mead Rd. is a 52,848 sf office building located right off of I-12 on Mead Rd.Since 2015 it has been the home of the Road Home Program which is a Division ofAdministration for the State of Louisiana. They currently occupy the entire building asthey have since 2023. Recent upgrades include new carpet, LED lighting, paint, andblinds on the entire 2 floor. The property has 244 parking spaces with a parking ratioof over 4.6. This building is in excellent shape with the State of Louisiana occupying theentire building. Please contact agent for additional information.

Additional Information

City: Baton Rouge
State: LA
Zip Code: 70816
Primary Uses: Investment, Office
Secondary Uses: Governmental, Institutional, Mixed Use, Net Leased, Office Building
Zoning: C2
Zoning Description: Heavy Commercial
Building Name: IBM Building
Building Class: B

Floors: 3
Parking Ratio: 4.6
Parking Spaces: 244
Tenant: Division of Administration
Gross Income: $1,003,378.56
NOI: $584,826.5
Total Expenses: $418,552.06
Average Occupancy Rate: 100%