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Shopping Center for Sale on Coursey Blvd. 13365 Coursey Blvd

6,000 SF 57% Leased Retail Building Baton Rouge, LA 70816 $1,591,792 CAD ($265 CAD/SF) 7% Cap Rate

Investment Highlights

  • The property is located in a highly trafficked, dense residential area which fully utilizes both of these tenant services.

Executive Summary

Shopping Center for sale. Two (2) tenants - Papa John's and Smart Cleaners. Smart Cleaners is a pickup and on-site cleaning facility. The cleaning facility utilizes the latest in eco-friendly equipment. The property is located in a highly trafficked, dense residential area which fully utilizes both of these tenant services.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $111,425 $18.57

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $111,425
Annual Per SF $18.57

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
B
Year Built
1990
Price
$1,591,792 CAD
Price Per SF
$265 CAD
Cap Rate
7%
NOI
$111,425 CAD
Percent Leased
57%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.55 AC
Zoning
C-1 - COMMERCIAL
Parking
22 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
100 ft on Coursey Blvd

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 1,300 SF
  • Retail
  • -
  • Now
  • B
  • 1,300 SF
  • Retail
  • -
  • Now

Two suites available on Coursey Blvd.

Space Size Space Use Position Available
A 1,300 SF Retail - Now
B 1,300 SF Retail - Now

A

Size
1,300 SF
Space Use
Retail
Position
-
Available
Now

B

Size
1,300 SF
Space Use
Retail
Position
-
Available
Now

B

Size 1,300 SF
Space Use Retail
Position -
Available Now

Two suites available on Coursey Blvd.

Nearby Major Retailers

Hancock Whitney Bank
Winn-Dixie
Anytime Fitness
WW
Snap Fitness 24/7
Walmart Neighborhood Market
First Horizon Bank
Albertsons
Outback Steakhouse
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01028804
Land Assessment
$14,401 CAD
Improvements Assessment
$34,899 CAD
Total Assessment
$49,300 CAD
  • Listing ID: 7360336

  • Date on Market: 2017-05-23

  • Last Updated:

  • Address: 13365 Coursey Blvd, Baton Rouge, LA 70816

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