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Bluebonnet Square

2 Retail Properties Offered at £10,191,129 in Baton Rouge, LA

Executive Summary

Bluebonnet Square is a 41,356 SF neighborhood center situated on the hard corner of Airline Hwy and Bluebonnet Blvd. Located in the demographic center of the city, Bluebonnet Square sees excellent traffic counts of approximately 45,000 VPD and benefits from a population of over 70,000 within a 3-mile radius. The property has excellent access to Greater Baton Rouge via I-12 and Airline Hwy. The healthy tenant mix includes CC's Coffee House; recruitment centers for the Navy, Air Force, Army, and Air National Guard; Elgin's Fine Jewelry; Rubymed; Subway; and more. The center is further benefiting from robust development in the immediate area, with a 300-unit apartment complex planned adjacent to the center and another 126-unit complex recently completed in the immediate vicinity. Costco and Floor & Decor also recently opened within 1-mile of the site.

Property Facts

Price £10,191,129
Price / SF £238.91 / SF
Net Initial Yield 7.43%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 42,656 SF
Total Land Area 3.86 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Bluebonnet Square
10330 Airline Hwy, Baton Rouge, LA 70816
Retail 40,974 SF 2009 -
Out Parcel
10330 Airline Hwy, Baton Rouge, LA 70816
Retail 1,682 SF 2009 -
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  • Listing ID: 33876059

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: Bluebonnet Square, Baton Rouge, LA

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