Coursey Plaza

Shopping Center for Sale
Also listed as Retail-Commercial, Special Purpose
Catylist Listing ID: 30296761
Property Subtypes: Community Center, Neighborhood Center, Strip Center
Building Size (RSF): 8,300 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $950,000
Unit Price: $114.46 PSF
Ceiling: 20 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Coursey Plaza
Sale Terms: Cash to Seller, Other
Last Updated: 3/15/2019

Overview / Comments

Strategically situated shopping plaza in Baton Rouge most populated areas surrounded by neighborhoods and local businesses , located in flood zone X and zoned for Heavy commercial use HC1 . This well maintained building consists of five retail stores , currently 3 stores are leased by national brands tenants with 2 more unfinished spaces available for lease.
This property is part of the sale of an investment portfolio for an out of state investors .
Please do not interrupt tenants and address all your inquiries to the listing brokers.

Current Tenants

Tenant Business Name AAMACO Transmission
Is Renting? Yes
SF of Space Occupied 2,960 SF
Tenant Business Name PayDay Community Loans of America
Is Renting? Yes
SF of Space Occupied 1,369 SF
Tenant Business Name BOOST Mobile
SF of Space Occupied 1,000 SF

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Tax ID/APN: 385972
Zoning: HC1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Coursey blvd and Marketplace Blvd
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,300 SF
Property Condition: Excellent
Roof Type: Flat
Construction/Siding: Block, Brick, Concrete, Metal/Glass, Wood Siding
Parking Type: Surface
Parking Description: Concrete ADA compliant Parking Lot
Total Parking Spaces: 42
Sprinklers: None
Heat Type: Electricity, Other
Heat Source: Central
Air Conditioning: Engineered System, Other
Internet Access: Cable, DSL, Satellite
Zoning Description: HC1
Lot Frontage: 255
Lot Depth: 155
Water Service: Municipal
Sewer Type: Municipal
Legal Description: DIST:3RD WARD CITY/MUNI/TWP:EAST BATON ROUGE SUBD:BETZ, FERDINAND S., JR. TRACT LOT 6-B-4. RESUB. OF TRACT 6-B OF A RESUB. OF A PORTION OF THE ORIGINAL TRACT 6 OF THE FERDINAND S. BETZ JR. PROPERTY

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,637 76,320 170,871
Median Age: 38.69 35.77 36.52
Households: 4,746 31,243 69,455

Contact

Photograph of Listing Agent

Emad Alebrahim

United Estate Corporation - UNESCO Baton Rouge, LA 70816
LACDB Member
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