5909 Bluebonnet Blvd - Freestanding FOR SALE
Baton Rouge, LA 70836 |
5909 Bluebonnet Blvd
Baton Rouge, LA 70836
HIGHLIGHTS
- Multi-Tenant Class “A” Power Center at 8.15% CAP Anchored By Best Buy, Haverty's Furniture and BuyBuy Baby, Along With Strong Complimentary Retailers
- 94% National Tenants ,Corp-Backed Leases & Upside Through Lease-Up of 2 Remaining Vacancies(13% Vacancy), Scheduled Increases & Addl 15k Pad Inclueded
- 2nd Largest City in the State w/ Affluent Community: Average Household Incomes $105k+ in a 1-Mile Radius & High Population Density of 168k in 5 Miles
- Dense Retail Corridor with Captive Audience: Adjacent to Mall of Louisiana (Largest Mall in Louisiana - 1.6 Million S.F. & 15 Million Annual Visitors
- Ideal Location Just 7 Miles East of World-Famous, Louisiana State University (LSU): Over 5,000 Employees and More Than 34,290 Students
- Long-Term NNN Leases: Flagship & Only Stores in Market for BuyBuy Baby & Haverty's | Only Stores in 50+ Miles for David's Bridal & Men's Wearhouse
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
NNN, Regional Power Ctr. w/ Upside: 8.15% CAP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
135367
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
87
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
30847734
