Live Oak Center For Sale - Baton Rouge Retail Center

Retail-Commercial for Sale
Catylist Listing ID: 30835966
Property Subtypes: Free-Standing Building
Building Size (RSF): 19,152 SF
Gross Building Area: See Agent
Gross Land Area: 1.31 Acres
Sale Price: $1
Unit Price: $0 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: C-1
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2023

Overview / Comments

NAI Global, in conjunction with NAI Latter & Blum, is pleased to exclusively present the opportunity to acquire Live Oak Center, located in Baton Rouge, LA (the “Property”, “Center”, or “Building”), approximately 2.5 miles east of downtown Baton Rouge. The Property is a multi-tenant, retail strip center that was built in 2001 and consists of a ±1.308-acre parcel improved with a retail Building totaling 19,152 square feet, which are approximately 80% occupied.

The Property is situated on Florida Blvd. and benefits from excellent visibility to approximately 26,200 vehicles per day. Florida Blvd. is a main artery in the submarket and connects directly with Interstate 110 approximately two mile west of the Property.

The Property is 79.1% occupied by five tenants and anchored by BR Mattress Co. (5,000 SF, 26.1% of GLA) and Rent-A- Center (4,000 SF, 20.9% of GLA). Other tenants include a barbershop, a beauty supply store, and a laundromat. There are currently two vacancies, one 3,000 SF suite and a 1,000 SF suite.

Please use the below link to sign the confidentiality agreement and access due diligence.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 60
Tax ID/APN: 016-1297-2
Zoning: C-1
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Year Built: 2001

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,620 101,339 209,065
Median Age: 34.88 33.27 33.72
Households: 7,217 41,165 84,811


Photograph of Listing Agent

Dexter Shill

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
LACDB Member
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