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Walgreens - Absolute NNN 11297 Florida Blvd

13,620 SF Retail Building Baton Rouge, LA 70815 $3,734,651 CAD ($274 CAD/SF) 8.35% Cap Rate

Drug Stores Louisiana Baton Rouge 11297 Florida Blvd, Baton Rouge, LA 70815

Investment Highlights

  • Absolute NNN Lease - Zero Landlord Responsibilities
  • Hard Corner Location - Dense Retail Market
  • Walgreens is the Second Largest Pharmacy Chain in the United States and Operates Approximately 8,700 Locations in 50 States
  • 1993 Construction - Tenant has Long History at the Location Exhibiting a Strong Commitment to the Site
  • Located in Baton Rouge - Louisiana's Capital and Home to Louisiana State University
  • Hard Corner Location at a Busy Signalized Intersection

Executive Summary

Absolute NNN Lease - Zero Landlord Responsibilities
1993 Construction - Tenant has Long History at the Location
Exhibiting a Strong Commitment to the Site
Hard Corner Location - Dense Retail Market
Located in Baton Rouge - Louisiana's Capital and Home to
Louisiana State University
Walgreens is the Second Largest Pharmacy Chain in the United
States and Operates Approximately 8,700 Locations in 50 States
Hard Corner Location at a Busy Signalized Intersection

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,620 SF
Building Class
C
Year Built
1993
Price
$3,734,651 CAD
Price Per SF
$274 CAD
Cap Rate
8.35%
NOI
$311,843 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Land Acres
1.69 AC
Zoning
COMMERCIAL
Parking
83 Spaces (6.09 Spaces per 1,000 SF Leased)
Frontage
259 ft on Florida Boulevard

Links

1 of 1

PROPERTY TAXES

Parcel Number 01501836 Improvements Assessment $218,083 CAD
Land Assessment $108,393 CAD Total Assessment $326,476 CAD

PROPERTY TAXES

Parcel Number
01501836
Land Assessment
$108,393 CAD
Improvements Assessment
$218,083 CAD
Total Assessment
$326,476 CAD
(248) 702-0288

  • Listing ID: 33414520

  • Date on Market: 2024-10-04

  • Last Updated:

  • Address: 11297 Florida Blvd, Baton Rouge, LA 70815

The Retail Property at 11297 Florida Blvd, Baton Rouge, LA 70815 is currently available For Sale. Contact Encore Real Estate Investment Services for more information.

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Walgreens - Absolute NNN | 11297 Florida Blvd
(248) 702-0288 x

Walgreens - Absolute NNN | 11297 Florida Blvd

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Deno Bistolarides

(248) 702-0288

(248) 702-0288

Sal Yaldo

(248) 996-7069

(248) 996-7069

Ayson Shammami

(248) 702-0727

(248) 702-0727

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