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: 6.0%
Last Updated: 8/13/2020

Overview / Comments

Dual Drive-thru Little Caesar's anchored Retail Center for Sale (as Part of Six (6) Unit Portfolio) NNN. 6% 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


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.