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711 Jefferson Highway - Goodwood Village - Goodwood Village, Baton Rouge, LA

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711 Jefferson Highway - Goodwood Village - Goodwood Village

Baton Rouge, LA 70806-6120 - Greater Baton Rouge S Submarket

Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing Year Built:1975
Building Size:21,966 SF Land Area:3 AC (130,680 SF)
For Sale Price:$3,595,000 Price/SF:$163.66
Cap Rate:7.51 %
Parking:90 Surface spaces are available; Ratio of 4.01/1,000 SF

High traffic center with great frontage of Jefferson Highway. Jefferson Hwy. @ Goodwood Blvd. Amenities: Covered walkways, interior archways, scored and stained floors.

Sale Notes:
This iconic A. Hays Town designed shopping center is a well known site in Baton Rouge. The center is unique, built with authentic Spanish tile roof, huge columns and arches, and a stately pigeonniere identifying the indelible address - "711". Goodwood Village is 100% occupied with a tenant mix including Monjuni's Italian restaurant, Brew Ha-Ha coffee shop, Yoga Path, Mo's Art Supply, Painting with a Twist, jewelry store, hair salon, barber shop and acupuncture.

Unofficially located at the gateway to Mid-City, Goodwood Village, twice annually, hosts huge crowds for the Mid-City Merchants art festivals, Hot Art/Cool Nights and White Light Night. Thousands of shoppers pass through the shops of Goodwood Village during these highly anticipated events.

Goodwood Village will benefit from the planned Governement St. 'road diet' slated to begin construction in 2018. The four-mile project will turn the four-lane Government Street into two lanes, with a middle left-turn lane, bike paths and sidewalks from roughly East Boulevard to Lobdell Drive.

For more information, please contact owner/agent(s)...

Waters & Pettit Commercial Real Estate
Robert Pettit
(225) 769-0405 x12

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