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St. George Class A Office Investment

10604 Coursey Blvd, Baton Rouge, LA 70816

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Overview

Class A Office Investment Opportunity in St. George
10604 Coursey Blvd, St. George, LA 70816

Stabilized Class A office investment located along the highly desirable Coursey Boulevard corridor in St. George. This ±5,700 SF office condominium offers professional construction, strong accessibility, and proximity to major medical, retail, and business services.

The property is occupied by a well established corporate tenant that has been in place since 2016, with the current lease term expiring March 15, 2028, providing dependable in place income and near term certainty. The straightforward ownership structure and limited management requirements make this asset particularly attractive to passive investors.

This offering is well suited for a 1031 exchange buyer seeking predictable cash flow, strong location fundamentals, and long term capital preservation in a growing submarket.

Highlights

• Class A office condominium
• Stabilized corporate tenancy
• Prime St. George location
• Ideal 1031 exchange replacement

For Sale

Office
Investment

Secondary Uses: Business Park, Office Building

Sale Price
$1,100,000
Price Per SF
$193/SF
Cap Rate
7.5%
Building Size
5,700 SF
Acres
0.13 ac
Zoning
C2
Zoning Desc.
Heavy Commercial
Gross Income
$107,208
NOI
$82,553
Total Expenses
$24,655
Real Estate Taxes
$13,969
Insurance Expenses
$5,771
Trash Expenses
$384
Maintenance Expenses
$2,000
Landscaping Expenses
$2,400
Other Expenses
$131
Tenant
Avita Pharmacy
Building Name
Fully-Leased Office Investment
Building Class
A
# of Buildings
1
Year Built
2006
Parking Type
Surface
Tenancy
Single Tenant
Submarket
Court Plaza Office Park Condominium
Tax ID Number
2485958
Property Use Type
Investment
Property Status
Existing
Avg. Occupancy
100%
Nearest Interstate
I-12
Nearest Hwy
Hwy 61 (Airline Hwy)
Nearest Airport
Baton Rouge Metropolitan Airport (BTR)
Parish
East Baton Rouge
Listed
03/03/2026
Updated
03/18/2026
Listing ID
daad3b91