Net Leased Retail/Office Building on Main Street

Retail-Commercial for Sale
Catylist Listing ID: 30704133
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 9,600 SF
Gross Land Area: 0.76 Acres
Sale Price: $2,000,000
Unit Price: $208.33 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: 9.8%
Last Updated: 9/14/2021

Overview / Comments

Retail / Office / Medical investment property. Currently anchored by Williamson Eye Center.

Located on Main Street just 350 feet east of the busiest intersection in Zachary, LA (41,601 daily traffic). It sits between a Sonic and another multi-tenant retail building, and across the street from McDonald's. It's surrounded by many national and local retailers.

The building is currently divided into 4 suites and totals 9,600 SF.

Excellent access from Main Street including left-hand turn lane.
Occupancy: 80%
Pro Forma NOI: $196,350.03
Cap Rate: 9.8%

• High Visibility Location
• Tall, visible signage
• Anchored by Williamson Eye Center

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 11
Tax ID/APN: 014-1872-6
Zoning: COMMERCIAL GENERAL (CG)
Retail Clientele: General, Family, Business, Recreation, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: Main Street (LA-64)
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 14,484 37,149
Median Age: 34.59 35.51
Households: 5,036 13,153

Contact

Photograph of Listing Agent

Mark R Segalla

ELIFIN Baton Rouge, LA 70801
LACDB Member
Photograph of Listing Agent

Mathew J Laborde

ELIFIN Baton Rouge, LA 70801
LACDB Member
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