Former Aaron's For Sale

Retail-Commercial for Sale
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: 9/27/2023

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. "

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.

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.

View FullscreenMap

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


Photograph of Listing Agent

Carmen R Austin MBA CCIM SIOR

Saurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
© Copyright 2001-2023 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.