Dual Drive-thru Shopping Center for Sale (as part of Portfolio)

Shopping Center for Sale
Catylist Listing ID: 30274563
Property Subtypes: Free-Standing Store, Neighborhood Center, Net Leased, Strip Center
Building Size (RSF): 3,116 SF
Gross Land Area: 0.44 Acres
Sale Price: $1,375,000
Unit Price: $441.27 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2019

Overview / Comments

Dual Drive-thru Little Caesar's anchored Retail Center for Sale (as Part of Six (6) Unit Portfolio) NNN. 7% Cap. Constructed in 2013. PRIME high-exposure high-traffic retail space with dual drive-thru available for sale at the hard corner of Florida & Range Ave. next to Walgreens at the corner of Main & Main. Excellent visibility. Easy access. Largest Little Caesar's franchisee operator in U.S. Shared grease trap available.

Additional Details

Nearest MSA: Baton Rouge
County: Livingston
Submarket/Township: 81
Tax ID/APN: 0336149
Market Type: Medium
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Located Between: I-12 and Hwy. US 190
Side of Street: West
Road Type: Highway
Property Visibility: Excellent
Transportation: Highway
Highway Access: Hwy. 190 & Hwy. 16
Site Description: Prime location. Hard corner with good access.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,116 SF
Property Condition: Excellent
Year Built: 2012

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,313 36,633 100,463
Median Age: 34.02 35.94 34.16
Households: 2,127 13,580 37,463

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