3340 Highland RdBaton Rouge, LA 70802

This exceptional two-story, 19,145-square-foot retail building presents a compelling investment opportunity near Louisiana State University's campus. Located at 3340 Highland Road in Baton Rouge, LA 70802, this multi-tenant property boasts a prime location adjacent to established businesses like Chimes Restaurant and Chipotle. Currently 75% occupied (14,511 square feet), the property generates a net operating income (NOI) of $227,000, yielding a pro-forma cap rate of 7.60%. The four existing tenants include Highland Coffees, Bengals and Bandits, Vivint, and Lit Vape. The building sits on a 0.52-acre lot and is zoned C2 & C-AB-1. An additional 4,634 square feet of second-floor space offers significant upside potential for development, potentially as short-term rentals or a party pad. The asking price is $2,985,000, translating to $155.92 per square foot. This property offers a stabilized income stream with a quality tenant mix and substantial potential for future growth. The property features five units across two stories and has a parcel number of 007-1685-5.