Retail / Industrial - O'Neal at I-12

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30358350
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Retail-Pad, Street Retail, Other
Building Size (RSF): 102,450 SF
Gross Land Area: 7.04 Acres
Sale Price: $5,950,000
Unit Price: $58.08 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2019

Overview / Comments

- 85% of space is Climate Controlled
- Sprinklered
- Easy access with light on O'Neal Lane
- Three (3) Docks
- 24 Ft Clear Height
- Two (2) Current Tenants:
Hobby Lobby: 54,045 SF (Lease Exp. July 1, 2020)
ProSource Flooring: 48,405 SF (Lease Exp. Dec. 31, 2021)

*** +/- 480 Parking Spots (4.8 per 1,000 SF). Parking lot was repaved/striped in August, 2019. See updated picture.

I-12 and O'Neal.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 42
Tax ID/APN: 886343
Property Located Between: I-12 and O'Neal
Largest Nearby Street: O'Neal
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Parking Ratio: 4.7 (per 1000 SF)
Sprinklers: Wet

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,056 72,940 158,182
Median Age: 35.93 34.9 36.16
Households: 3,223 28,800 62,358
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.