6160 Perkins Rd
Baton Rouge, LA 70808

Multi-tenant office building investment for sale in Baton Rouge, Louisiana. Quail Oaks Atrium is located on Perkins Road mid-way between College Drive and Essen Lane. The Property is a 21,160 sq. ft. +/- "Class B" office building situated in a prime retail, medical and office corridor in Baton Rouge. Historical occupancy maintained between 93% - 100%. Quail Oaks Atrium recently received interior and exterior capital expenditure improvements including beautification of exterior facade, upgraded and well-maintained HVAC units, large fan installed in atrium and enhanced landscaping. The exterior is freshly painted and pressure washed, exterior and interior windows cleaned and various office suites renovated with new carpet and paint. In a office market corridor boasting $16-20/SF lease rates, the Property consists of below market lease rates and is well-positioned for a new owner to increase future lease rates as current leases expire. The replacement value of comparable office buildings in this corridor is $185-200/SF. Strategically located at the intersection of Perkins Road and Quail Run Drive between College Drive and Essen Lane, the Property is just minutes from I-10 / I-12, Louisiana State University (LSU) campus and the CBD. With convenient access to the Baton Rouge Medical District, the Property is in close proximity to Pennington Biomedical Research Center, Our Lady of the Lake Hospital, Baton Rouge General - Bluebonnet, OLOL Children's Hospital and the newly proposed Ochsner Hospital. Nearby surface streets and developments include Bluebonnet Blvd., Perkins Road, College Drive, Acadian Thruway, Kenilworth Parkway, Highland Road, Staring Lane, Rouzan, Perkins Rowe and The District Apartments.