234 Main St - Retail FOR SALE
Baker, LA 70714 |
$8,190,000 USD
770-329-5065
234 Main St
Baker, LA 70714
HIGHLIGHTS
- Grocery-anchored by the #3 Shoppers Value nationally
- Boasting a long-term lease through 2034 and almost 20 years of tenure at the Property
- Well-positioned at the signalized intersection of Lavey Ln and State Route 19 (30,800 VPD)
- Connecting Downtown Baton Rouge and Baton Rouge Metro Airport with myriad communities to the north, all the way into southern Mississippi
- Situated just north of downtown Baton Rouge – Louisiana’s state capital and a top SEC college town
- Low, replaceable rents provide insulation from any potential future volatility
FOR SALE DETAILS
PRICE
$8,190,000 USD
PRICE/SF
$116 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Baker Regional Shopping Center
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
150
LAND DETAILS
LAND ACRES
10.37 AC
LAND SF
451,717 SF
ZONING
C2
APN/PARCEL ID
00137367
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770-329-5065
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770-329-5065
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