Shopper's Value - Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30819100
Property Subtypes: Free-Standing Building
Building Size (RSF): 50,388 SF
Gross Building Area: See Agent
Sale Price: $4,315,000
Unit Price: $85.64 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 9/7/2023

Overview / Comments

Shopper's Value Grocery Store on Old Hammond is available for sale. The grocery tenant is a local operator with multiple stores. The lease is NNN lease with a few years left on the term, but the current operator may be interested in extending early with a Landlord contribution. Great cap rate, low price/foot, and good location in greater Baton Rouge. See OM for additional details, do not disturb tenant as this is an operating business.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 42
Tax ID/APN: 009-6319-4

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,238 89,010 172,069
Median Age: 35.31 35.23 36.42
Households: 5,610 35,518 69,151


Photograph of Listing Agent

Jonathan Walker

Maestri-Murrell Inc Baton Rouge, LA 70809-2437
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.