Catylist ID:
#30841973
Highly Visible Standalone Opportunity Near I-12
Retail-Commercial
for Sale
Sale Pending
Also listed as Office
| Catylist Listing ID: | 30841973 |
| Property Subtypes: | Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
| Status: | Pending |
| Building Size (RSF): | 5,500 SF |
| Gross Land Area: | 0.42 SF |
| Sale Price: | $670,000 |
| Unit Price: | $121.82 PSF |
| Has Drive-Thru? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/16/2024 |
Overview / Comments
|
Now available for sale, 1850 S Sherwood Forest Blvd is a highly visible standalone building enjoying approximately 19,617 daily traffic. The property is currently utilized as BRECO Federal Credit Union's headquarters. It comprises ±5,500 SF of 2-story retail / office space with an existing elevator. The building has a large open lobby on the first floor with bank teller area and perimeter offices. The second floor space has a conference room and several executive style offices. The property is located on S Sherwood Forest between I-12 and Old Hammond Hwy, a historically strong office/retail area. The building’s current condition makes it ideal for corporate officer or financial institution users. The property is in close proximity to several major thoroughfares including ±1 min access to Old Hammond Hwy, ±2 min access to I-12, and ±4 min access to Airline Hwy. Large existing monument and pylon signage. • Highly visible standalone building – ±19,617 daily traffic • Currently operating as BRECO Federal Credit Union’s headquarters • Existing two bay drive thru • Sherwood Forest frontage and access to the median cut |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | East Baton Rouge |
| Submarket/Township: | 42 |
| Tax ID/APN: | 011-0699-6 |
| Zoning: | C2 – HEAVY COMMERCIAL |
| Retail Clientele: | General, Family, Business |
| Property Located Between: | Old Hammond Hwy and I-12 |
| Airports: | Baton Rouge Metropolitan Airport (BTR) |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Parking Type: | Surface |
| Lot Frontage: | 125 |
| Lot Depth: | 153.65 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 15,330 | 100,806 | 216,618 |
| Median Age: | 36.39 | 36.67 | 35.8 |
| Households: | 6,583 | 42,490 | 88,010 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions. |
