Key facts
| Year Built | 1974 |
| Building Area |
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| Land Area |
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Property description
One American Place is an 83.2% occupied, 332,713 square foot, institutionally owned and operated Class A Office Building strategically positioned in Downtown Baton Rouge, LA. Built in 1974 and renovated in 2003, the building is one of only six Class A office buildings in the CBD and boasts unmatched visibility as the tallest office building in the city.
Investment highlights
- At 24 Stories Tall, One American Place is the Tallest and Most Recognizable Office Building in the Baton Rouge Market
- Value-Add Opportunity with Significant In-Place Cash Flow at 83% Leased
- 47% of Tenancy are Law Firms of Varying Size with the Remainder of the Building Leased to a Wide Variety of Business Service Providers
- Law Firm Tenants have Proven to be Extremely Sticky at this Location with an Average Weighted Tenure at the Property of 19 Years
- Opportunity to Redevelop the Ground Floor Capital One Space via Tenant Lease Buy-Out
- Dedicated Tenant Base with over 15 Years of Weighted Average Tenure
- Top Quality Asset in the Baton Rouge Market with Minimal Competitive Class A Product
Similar Properties
View moreThe value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.
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https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation
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