3132 College Dr - Freestanding FOR SALE


Baton Rouge, LA 70808- Highlands/Perkins
$7,025,000 USD
770-624-0841
3132 College Dr, Baton Rouge, LA for Sale
$7,025,000 USD
Freestanding - FOR SALE
1/6
null | 8% Cap Rate

3132 College Dr
Baton Rouge, LA 70808
Highlands/Perkins


OVERVIEW

WALMART SHADOW CENTER • The subject property is a 47,000 square foot retail center located in an affluent & growing pocket of Baton Rouge, LA • Shadow anchored by the #1 Walmart Super Center in a 50 Mi radius • Primary Walmart servicing LSU • Prominent Retail Corridor HIGH PERFORMING WALMART SUPERCENTER • The Walmart ranks as the #1 Walmart in a 50 Mi Radius • The Walmart ranks in the top 9% of Walmart’s in the country • The Walmart serves the LSU student population and surrounding communities SEASONED TENANT LINEUP • Average Tenant Occupancy: 24 Years • #1 Office Depot in 50 Mi | Office Depot ranks in the top 18% of the country • #1 Sally Beauty Supply In 50 Mi | Sally Beauty Ranks in the top 10% of the country PREMIER LOCATION | PROXIMITY TO LSU • Interstate Location | Located directly off I-10 | 206,000 VPD • The property is located directly off a main interstate exit leading to the LSU campus. • Located less than 10 Minutes from LSU • The closest Walmart Supercenter & Office Depot to campus BATON ROUGE, LA • Baton Rouge, Louisiana, the vibrant capital of the state, is a city steeped in culture, history, and economic vitality • Baton Rouge is the second largest city in the state of Louisiana • Baton Rouge is home to 39,000 Louisiana State University students and boasts a 6.1 Billion economic impact

FOR SALE DETAILS

PRICE

$7,025,000 USD

PRICE/SF

$646 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Square Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

4.41 AC

LAND SF

192,127 SF

ZONING

Commercial

APN/PARCEL ID

02261987

ASK ABOUT THIS PROPERTY

Eric AbbottMarcus & MillichapMore Info
770-624-0841

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Eric AbbottMarcus & MillichapMore Info
770-624-0841

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