9489 Airline Hwy - Freestanding FOR SALE


Baton Rouge, LA 70815
$2,100,000 USD
225-937-3137
9489 Airline Hwy, Baton Rouge, LA for Sale
$2,100,000 USD
Freestanding - FOR SALE
1/6
null | 8.47% Cap Rate

9489 Airline Hwy
Baton Rouge, LA 70815


HIGHLIGHTS

  • Excellent visibility and exposure to Airline Hwy
  • Traffic count of 59,272 cars per day
  • Strategically positioned between Interstate 12 and Florida Blvd (US 190), one mile south of Amazon's new 3.4 million sq. ft. Fulfillment Center
  • 100% leased, stabilized asset. Existing tenants - Mattress Direct, Regal Credit, B'Vogue Cache, Destiny's Hair, Beacon Images and Kode 3 Performance
  • Easy access to Airline Hwy with two ingress and egress points
  • Well constructed multi-tenant retail center

OVERVIEW

Airline Hwy Retail Center, located at 9469-9489 Airline Hwy (US 61) in Baton Rouge, has excellent visibility and exposure to Airline Hwy with its traffic count of 59,272 cars per day. This 20,370 sq. ft. multi-tenant shopping center includes Mattress Direct, Regal Credit, B'Vogue Cache, Destiny's Hair, Beacon Images and Kode 3 Performance. The property is strategically positioned between Interstate 12 and Florida Blvd (US 190), one mile south of Amazon's new 3.4 million sq. ft. Fulfillment Center. Easy access is provided with two ingress and egress points to Airline Hwy within the property. This center is a 100% leased, stabilized asset that offers an investor the rare opportunity to acquire a well constructed multi-tenant retail center.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

8.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David PersacPersac Properties, Inc.More Info
225-937-3137

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David PersacPersac Properties, Inc.More Info
225-937-3137

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