10440 Coursey Blvd - Freestanding FOR SALE


Baton Rouge, LA 70816- Shenandoah
$1,587,000 USD
678-808-2770
10440 Coursey Blvd, Baton Rouge, LA for Sale
$1,587,000 USD
Freestanding - FOR SALE
1/3
null | 7.25% Cap Rate

10440 Coursey Blvd
Baton Rouge, LA 70816
Shenandoah


HIGHLIGHTS

  • PUBLICLY TRADED ON NASDAQ
  • INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS
  • RANKED #137 ON FORTUNE 500 LIST

OVERVIEW

INVESTMENT HIGHLIGHTS • NEWLY EXTENDED 10+ YEAR LEASE TERM • RARE RENTAL INCREASE IN YEAR 6 OF CURRENT LEASE TERM • DOUBLE-NET LEASE | MINIMAL LANDLORD RESPONSIBILITIES • CORPORATE LEASE WITH DOLLAR TREE STORES, INC. • VERY STRONG DEMOGRAPHICS | 196,000+ 5-MILE POPULATION • COURSEY BLVD | 27,078 VPD • 1-MILE RADIUS TENANTS: HOME DEPOT, WALMART, COSTCO, STARBUCKS AND MORE

FOR SALE DETAILS

PRICE

$1,587,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree | 10-yr Extension | Increase Year

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,821 SF

ZONING

C2

APN/PARCEL ID

01105566

ASK ABOUT THIS PROPERTY

Robert PfeifferMarcus & MillichapMore Info
678-808-2770

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Robert PfeifferMarcus & MillichapMore Info
678-808-2770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.