301 Main St, Baton Rouge, LA, 70801-1919, US

One American Place

Asset 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.

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Attributes

Building area net

30,910 m²

Occupancy

83%

Year built

1974

Land area net

0.93 ha

Media

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