For Sale
$1,099,000

13365 Coursey BlvdBaton Rouge, LA 70816

High-yield, 2-tenant retail center in Baton Rouge.

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional investment opportunity presents a 5,790 square foot shopping center located at 13365 Coursey Boulevard, Baton Rouge, Louisiana, 70816. The property sits on a 0.55-acre lot and boasts a 100% occupancy rate with two established tenants: Papa Johns and Smart Cleaners. Smart Cleaners is a unique, on-site pickup and cleaning facility utilizing the latest eco-friendly equipment. The center is zoned C-2 and benefits from its location in a high-traffic area with a dense residential population, ensuring consistent customer flow for both tenants. The asking price is $1,099,000, representing a compelling price per square foot of $189.81 and a 7.00% cap rate. This multi-tenant net-leased property offers a stable income stream and significant potential for long-term appreciation. The property's APN is 1028804. This is a turnkey investment ideal for passive income seekers. The property's strong tenant mix, high occupancy, and prime location make it a truly attractive opportunity in the thriving Baton Rouge market. Don't miss this chance to acquire a well-established and profitable retail center.

Highlights

  • 5,790 SF shopping center for sale at 13365 Coursey Blvd, Baton Rouge, LA 70816.
  • Two tenants: Papa Johns and Smart Cleaners, with 100% occupancy.
  • Smart Cleaners is an on-site, eco-friendly pickup and cleaning facility.
  • Located in a high-traffic area with dense residential population.
  • C-2 zoning.

Property Details for 13365 Coursey Blvd

Property type
Lifestyle centers, Power centers
Square Feet
5,790 SF
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Latitude
30.4090723
Longitude
-91.0309012
13365 Coursey Blvd, Baton Rouge, Louisiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
13365 Coursey Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message