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Shopping Center for Sale on Coursey Blvd. 13365 Coursey Blvd

6,000 SF 57% Leased Retail Building Baton Rouge, LA 70816 £859,913 (£143/SF) 7% Net Initial Yield

Investment Highlights

  • The property is located in a highly trafficked, dense residential area which fully utilizes both of these tenant services.

Executive Summary

Shopping Center for sale. Two (2) tenants - Papa John's and Smart Cleaners. Smart Cleaners is a pickup and on-site cleaning facility. The cleaning facility utilizes the latest in eco-friendly equipment. The property is located in a highly trafficked, dense residential area which fully utilizes both of these tenant services.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income £60,194 £10.03

Financial Summary (Actual - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual £60,194
Annual Per SF £10.03

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
B
Year Built
1990
Price
£859,913
Price Per SF
£143
Net Initial Yield
7%
NOI
£60,194
Percent Leased
57%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Lot Size
0.55 AC
Zoning
C-1 - COMMERCIAL
Parking
22 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
100 ft on Coursey Blvd

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 1,300 SF
  • Retail
  • -
  • Now
  • B
  • 1,300 SF
  • Retail
  • -
  • Now

Two suites available on Coursey Blvd.

Space Size Space Use Position Available
A 1,300 SF Retail - Now
B 1,300 SF Retail - Now

A

Size
1,300 SF
Space Use
Retail
Position
-
Available
Now

B

Size
1,300 SF
Space Use
Retail
Position
-
Available
Now

B

Size 1,300 SF
Space Use Retail
Position -
Available Now

Two suites available on Coursey Blvd.

1 of 1

Nearby Major Retailers

Hancock Whitney Bank
Winn-Dixie
Anytime Fitness
Walmart Neighborhood Market
WW
Snap Fitness 24/7
First Horizon Bank
Albertsons
Outback Steakhouse
Regions Bank

PROPERTY TAXES

Parcel Number 01028804 Improvements Assessment £18,943
Land Assessment £7,817 Total Assessment £26,760

PROPERTY TAXES

Parcel Number
01028804
Land Assessment
£7,817
Improvements Assessment
£18,943
Total Assessment
£26,760
(225) 766-0000 x919

Contact

  • Listing ID: 7360336

  • Date on Market: 23/05/2017

  • Last Updated:

  • Address: 13365 Coursey Blvd, Baton Rouge, LA 70816

The Retail Property at 13365 Coursey Blvd, Baton Rouge, LA 70816 is currently available for sale. Contact Saurage Rotenberg Commercial Real Estate for more information.

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© 2024 CoStar Group

Shopping Center for Sale on Coursey Blvd. | 13365 Coursey Blvd
(225) 766-0000 x 919

Shopping Center for Sale on Coursey Blvd. | 13365 Coursey Blvd

Mike Stinson

(225) 766-0000

x919

(225) 766-0000 x919

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