3.176 Acre Lot with Building

Retail-Commercial for Sale
Catylist Listing ID: 30423106
Property Subtypes: Mixed Use, Tavern/Bar/Nightclub, Other
Condo? Yes
Building Size (RSF): 15,200 SF
Gross Land Area: 3.18 Acres
Sale Price: $1,325,000
Property Use Type: Net Leased Investment (NNN), Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/22/2019

Overview / Comments

-$1.325,000 Sale Price
-15,200 SF Warehouse For Sale, of which each 7,200 SF half is leased;
one side for one year and one is in year one of a three-year lease
-Vacant Lot is 1.833 Acres
-Lot with Building is 1.342 Acres
-3.176 Acres Total, including Lot and Building
-30,000+ SF Parking Lot

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Taxing Authority: East Baton Rouge Parish
Tax ID/APN: 031-2010-4
Is Condo?: Yes
Zoning: C-2
Retail Clientele: General, Business, Recreation
Property Located Between: Jones Creek and Stumberg Lane
Property Visibility: Good
Largest Nearby Street: Jefferson Highway
Highway Access: Close proximity and easy access to Airline Hwy 10 minutes to interstates I-10 & I-12
Site Description: -$1.325,000 Sale Price -15,200 SF Warehouse For Sale, of which each 7,200 SF half is leased; one side for one year and one is in year one of a three-year lease -Vacant Lot is 1.833 Acres -Lot with Building is 1.342 Acres -3.176 Acres Total, including Lot and Building -30,000+ SF Parking Lot
Tenancy: Multiple Tenants
Number of Stories: 1
Typical SF / Floor: 7,200 SF
Property Condition: Good
Parking Type: Surface
Parking Description: 30,000+ SF Parking Lot
Heat Type: Electricity
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,254 89,139 172,397
Median Age: 38.61 35.46 37.03
Households: 4,635 37,177 71,268

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