$1,600,000 USD
619-374-3760
18562 Highland Rd
Baton Rouge, LA 70809
Airline/Jefferson
HIGHLIGHTS
- Strong Baton Rouge Location: Situated on Highland Rd, a high-profile arterial in Baton Rouge, surrounded by national retailers and benefiting from str
- Significant Traffic Exposure: Positioned along a well-traveled corridor with approximately ±19,100 vehicles per day, providing strong daily visibility
- Affluent Trade Area: The surrounding area has an average household income of $139,800 within ±3 miles, well above regional norms and supportive of lon
- Corporate-Backed Lease: Guaranteed by Express Oil LLC, the operating arm of Mavis, offering a strong credit profile and dependable performance from a
- Remaining Lease Term: Approximately ±5 years of remaining lease term, with the tenant currently operating in its final option period, providing insula
- No Future Options: Mavis is currently operating with no remaining tenant extension options, creating a unique value proposition for the next landlord
FOR SALE DETAILS
PRICE
$1,600,000 USD
PRICE/SF
$171 USD /SF
CAP RATE
7.08%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mavis Tires & Brakes
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
00082457
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619-374-3760
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619-374-3760
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