10440 Coursey Blvd - Freestanding FOR SALE


Baton Rouge, LA 70816- Shenandoah
$1,533,000 USD
678-808-2770
10440 Coursey Blvd, Baton Rouge, LA for Sale
$1,533,000 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

10440 Coursey Blvd
Baton Rouge, LA 70816
Shenandoah


HIGHLIGHTS

  • NEWLY EXTENDED 10+ YEAR LEASE TERM
  • RARE RENTAL INCREASE IN YEAR 6 OF CURRENT LEASE TERM
  • ADJACENT TO HOME DEPOT
  • CORPORATE LEASE WITH DOLLAR TREE STORES, INC.
  • VERY STRONG DEMOGRAPHICS | 196,000+ 5-MILE POPULATION
  • DOUBLE-NET LEASE | MINIMAL LANDLORD RESPONSIBILITIES

OVERVIEW

DOLLAR TREE • DOLLAR TREE IS PUBLICLY TRADED ON NASDAQ • INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS • RANKED #139 ON FORTUNE 500 LIST • 9,000+ STORES IN 48 STATES • ANNUAL REVENUE OF $17.6 BILLION

FOR SALE DETAILS

PRICE

$1,533,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store, 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 Notice.