Grocery Store & Retail Store Portfolio

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30326745
Property Subtypes: Free-Standing Building, Service Station/Gas Station
Building Size (RSF): 19,615 SF
Gross Land Area: 2 Acres
Sale Price: $1,400,000
Unit Price: $71.37 PSF
Property Use Type: Investment, Business
Building Name: Tureau's Grocery
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/24/2019

Overview / Comments

• 15,665 SF Main Store, AG Affiliate
• Two (2) Gas Pumps (3 - 6,000 Gal. Storage)
• Successful Smoke House and Full Time Deli
• Five (5) Walk-In Coolers
• 2,450 SF Retail Store - Leased
• 1,500 SF Residential Apartments - Leased
• 2,500 SF Open Shed for Storage
• Back-Up Generator System
• 3-Phase Electric
• Increasing Sales Volume
• 40+ parking spaces

Additional Details

Nearest MSA: Baton Rouge
County: Ascension
Submarket/Township: 90
Tax ID/APN: 7724500
Zoning: C-1
Retail Clientele: General, Family
Property Located Between: Airline (US 61) - Port Vincent
Property Visibility: Excellent
Largest Nearby Street: Hwy 431
Feet of Frontage: 297
Site Description: Well know local grocery, deli and gas. Easy access from highway; high visibility. Growth area
Area Description: Residential area with local traffic using Hwy 431
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Good
Year Built: 2003
Construction/Siding: Aluminum Siding
Exterior Description: Glass front with overhang
Parking Type: Surface
Parking Description: 40+ Parking Spaces
Sprinklers: None
Heat Source: Central
Air Conditioning: Package Unit
In Flood Plain?: Yes
Lot Frontage: 297
Lot Depth: 281'
Easements Description: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,460 45,578
Median Age: 35.62 35.26
Households: 5,984 16,571
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.