Catylist ID:
#30836204
| Catylist Listing ID: | 30836204 |
| Property Subtypes: | Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other |
| Building Size (RSF): | 8,261 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.95 Acres |
| Sale Price: | $650,000 |
| Unit Price: | $78.68 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Aaron's |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/30/2023 |
Overview / Comments
|
Former Aaron's Lease through September 2023 Hard corner, signalized intersection of Plank Rd. and Evangeline St. Lot is 0.95 acre Building is 8,261 SF Zoned C-2 Flood Zone X High Traffic and Visibility 349.34 feet of frontage on Evangeline St. 112.40 feet of frontage on Plank Rd. Located in an Enterprise Zone Economic Development Zone/Opportunity Zone/Plank Road Corridor The Build Baton Rouge Plank Road Corridor Vision: "The Plank Road Corridor is a thriving, socially diverse, and walkable network of neighborhoods anchored by strong local businesses, quality housing, and resilient infrastructure. " PROPERTY HIGHLIGHTS: Long Time Operating History at this High-Performing Location. Strong high-traffic retail corridor. Serving Over 135,000 Residents in Established Trade Area Average Household Income Exceeds $72,000 within 3 and 5 Miles Strategic Location, Highly Visible to Cars/Day Along Major Artery Just Off I-110 with 60,000 Cars/Day, Direct Access to Baton Rouge, LA Surrounding Area Retailers include: Raising Cane's, Rainbow, Shoppers Value Foods, Tony's Seafood Market & Deli, Walgreens, Krispy Kreme Doughnuts, Planet Fitness, Exxon, Shell, O'Reilly Auto Parts, etc. Close Proximity to Amazon’s New $200 million 3.8 Million SF State-of-the-Art Fulfillment and Distribution Facility Strong Daytime Population, More Than 129,241 Employees within a 5-Mile Radius Close Proximity to LSU and Southern with 45,671 Students and Several K-12 Schools with Over 40,283 Students in EBR. |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | East Baton Rouge |
| Submarket/Township: | 31 |
| Taxing Authority: | East Baton Rouge Parish |
| Tax ID/APN: | 004-4794-3 |
| Zoning: | C-2 |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Other |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Evangeline St. |
| Feet of Frontage: | 349 |
| Airports: | BTR |
| Area Description: | Enterprise Zone Economic Development Zone |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Roof Type: | Flat |
| Construction/Siding: | Block |
| Parking Type: | Surface |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Internet Access: | Cable |
| Zoning Description: | Commercial |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | WARD 1-2, LOT:20, SQUARE:17, SUBDIV:DELMONT PLACE. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,160 | 86,234 | 164,555 |
| Median Age: | 29.82 | 31.96 | 33.97 |
| Households: | 4,864 | 30,440 | 63,709 |
Contact
Carmen R Austin MBA CCIM SIORSaurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809LACDB Member |
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