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: 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.

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.

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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

Photograph of Listing Agent

Carmen R Austin MBA CCIM SIOR

Saurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
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