5551 Corporate Blvd
Baton Rouge, LA 70808

Stake a claim in the preeminent professional submarket of Baton Rouge at the perfect inflection point of real estate market trends and economic factors for a substantial footprint in the Louisiana capital. 5551 Corporate Boulevard was built in 1981, spanning 51,920 square feet across three stories. It sits on 2.55 acres. It underwent a comprehensive renovation in 2013, where the exterior was reskinned, and the lobby was modernized with new flooring, lighting, and finishes. Since then, ADA restrooms were installed, the cooling tower and elevators were replaced, an energy management system was implemented, and several other improvements were made to the parking lot and landscaping. Available for lease or sale, 5551 Corporate Boulevard was formerly the headquarters of Lamar Advertising. It occupied the entire building before gradually transitioning to a new facility next door. The tenant mix now features the Property One offices, a law firm, a pharmaceutical company, and an engineering and architectural design firm. Up to 37,354 square feet of space will be ready for occupancy in early 2023, with full-floor options available. With large spaces sparse in this highly sought-after submarket, premier access to amenities and professional centers, and an asking sale price below replacement cost, this is the perfect opportunity for a corporate headquarters tenant or an owner-user to capitalize on this rare availability. The Corporate-Acadian area is the most desirable submarket in the Baton Rouge metro for office users. While not situated in the heart of downtown like typical professional hubs, Corporate-Acadian offers tenants excellent connectivity to the city center, Louisiana State University, workforce amenities, and suburban destinations without dealing with downtown congestion and the lack of parking. This access is crucial in a market like Baton Rouge as the economy is led by a complex range of intersecting industries, from healthcare and real estate to government and finance. The economic diversity cements Baton Rouge as a historically dominant market, and it currently boasts one of the lowest vacancy and availability rates among the top 90 markets at 6.8% and 6.7%, respectively. 5551 Corporate Boulevard’s submarket is particularly strong, with a vacancy rate of 3.8% and nothing in the construction pipeline as most projects are owner-occupied, like Farm Bureau Insurance’s 160,000-square-foot newly constructed building that opened in Q3 2022. Whether leasing or buying, now is the ideal time to plant a flag in the Corporate-Acadian area and seize a commanding presence over the Baton Rouge market. Inquire now.