Free Standing Coursey Blvd. Retail Property For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30794746
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 6,165 SF
Gross Building Area: 6,900 SF
Gross Land Area: 23,800 SF
Sale Price: $739,000
Unit Price: $119.87 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Lee's Cleaners
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2023

Overview / Comments

Motivated Seller! Looking for an offer...

Free standing, two suite, retail building for sale. The property is located just east of South Sherwood Forest and before Stumberg Lane. It is on the east bound or the going home side of Coursey Blvd. Great visibility and signage with over 34,000 vehicles passing the property per day. There is an extremely high number of rooftops and good demographics within a five to ten minutes drive time. The demographics are attached. The property is in Flood Zone X and it did not flood in 2016. The roof was replace approximately six years ago. The seller occupies suite A and will consider a sale/leaseback for an initial lease period of three years. Suite B has just been leased three years starting April 1, 2023. Please reach out to the listing agent for more information.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Tax ID/APN: 018-7670-8
Zoning: RURAL
Retail Clientele: General, Family, Business, Other
Property Located Between: South Sherwood Forest & Stumberg Lane
Property Visibility: Excellent
Largest Nearby Street: South Shwerwood Forest
Feet of Frontage: 105
Traffic/Vehicle Count: 34,000
Highway Access: Easy access to I-12 and I-10
Site Description: Two suite retail building
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Construction/Siding: Block, Brick
Total Parking Spaces: 25
Parking Type: Surface
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,783 93,566 200,694
Median Age: 35.79 36.89 35.98
Households: 5,965 39,714 82,675


Photograph of Listing Agent

Troy J Daigle

Jarreau Real Estate, LLC Baton Rouge, LA 70879
LACDB Member
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