4454 Highland Rd - Service Station FOR SALE


Baton Rouge, LA 70808- Highlands/Perkins
$1,500,000 USD
225-237-3343
4454 Highland Rd, Baton Rouge, LA for Sale
$1,500,000 USD
Service Station - FOR SALE
1/1
null | 5.6% Cap Rate

4454 Highland Rd
Baton Rouge, LA 70808
Highlands/Perkins


HIGHLIGHTS

  • NNN Leased C-Store/Gas Station located at the South Gates of LSU. Positioned off of Highland Road at the LSU Ave intersection.
  • Less than 2 miles from I-10 and 1 mile from Tiger Stadium.
  • Traffic counts exceeding over 12K VPD.
  • Fuel pumps, pump lines, and underground storage tanks (UST's) shall not be included in the sale.

OVERVIEW

NNN Leased C-Store/Gas Station located at the South Gates of LSU. Positioned off of Highland Road at the LSU Ave intersection which is Less than 2 miles from I-10 and 1 mile from Tiger Stadium. Traffic counts exceeding over 12K VPD. 1,700 +/- SF building with 2,000 +/- SF canopy covering 4 fuel pumps on approximately 0.5 acres. Absolute NNN Lease with zero Landlord responsibility extended for a 10 year term starting August 1, 2023 which will expire August 1, 2033. Tenant pays $7,000/month base rent for years 1-5, annual escalations based upon the Consumer Price Index to begin on year 6(Not to be less that 3% or more than 6%). Fuel pumps, pump lines, and underground storage tanks (UST's) shall not be included in the sale.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$1,069 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valero

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,347 SF

ZONING

C-1

APN/PARCEL ID

00826642

ASK ABOUT THIS PROPERTY

Ashlyn PlaisanceBeau Box Commercial Real EstateMore Info
225-237-3343

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Ashlyn PlaisanceBeau Box Commercial Real EstateMore Info
225-237-3343

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