3505 5th Avenue

Description

Courtyard Park Office Complex offers a rare opportunity to acquire a well-maintained, multi-building office investment in one of Lake Charles’ most active growth corridors. This attractive complex consists of three buildings totaling approximately 14,883 square feet, thoughtfully designed around professionally landscaped courtyard spaces that create a welcoming and functional environment for tenants and clients. Positioned just minutes from E. Prien Lake Road, I-210, Highway 14, and the rapidly expanding Savanna Lakes area, the property benefits from strong visibility and convenient access to surrounding residential neighborhoods, new construction, restaurants, medical offices, and commercial development. The layout features multiple suites with private entrances, individual electric meters, and dedicated restrooms and kitchen areas, allowing for flexible leasing configurations and reduced landlord expense exposure. Interior spaces are clean and functional, with a mix of office, meeting, and common areas, while the open courtyard design adds a unique, campus-style feel rarely found in this market. The property sits on a large 1.45 acre site with a spacious, well-lit concrete parking lot, providing ample parking for tenants and visitors. The exterior and interior were updated approximately recently, and the complex has been maintained to support long-term tenancy. Currently, the property generates approximately $143,472 in annual rental income, with additional upside potential through rent adjustments and lease optimization. One suite totaling approximately 2,880 square feet is currently utilized as an event center, offering flexible use potential or additional income opportunities. Located in Flood Zone X (no flood insurance required) and zoned mixed-use, this property provides both stability and flexibility for investors. This is an ideal opportunity for an investor seeking a stable, income-producing asset with value-add potential in a high-demand area of Lake Charles.