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7529 Corporate BlvdBaton Rouge, LA 70806

High-Yield Retail Shopping Center in Baton Rouge, LA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional core investment opportunity presents the Town Center at Cedar Lodge, a 316,031 square foot shopping center situated on a 29.65-acre lot in Baton Rouge, Louisiana. Built in 2005, this property boasts a remarkable 93% occupancy rate and a compelling 6.30% capitalization rate. The center's strong performance is reflected in its tenant sales, exceeding $110 million in 2023, and its high occupancy, currently at 93%, with annual contractual rent growth. Its prime location in Baton Rouge, at 7529 Corporate Blvd, 70806, places it within close proximity to Louisiana State University (LSU), a significant driver of foot traffic, generating over 3.5 million visits annually. The property's performance is ranked in the 90th percentile of shopping centers nationwide, indicating a superior investment opportunity. This well-established shopping center offers a stable income stream and significant potential for future growth, making it an attractive asset for discerning investors seeking a high-performing retail property in a thriving Louisiana market. The property's size and location, combined with its strong financial performance, make it a truly exceptional investment prospect.

Highlights

  • High-performing shopping center, ranking in the top 10% nationally.
  • 93% occupied with built-in annual rent increases.
  • Excellent location near LSU, generating over 3.5 million annual visits.
  • Strong tenant sales exceeding $110 million in 2023.

Property Details for 7529 Corporate Blvd

Property type
Lifestyle centers, Power centers
Square Feet
316,031 SF
Year Built
2005
Lot Size (sq. ft)
1,291,554 SF

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4323171
Longitude
-91.1112209
7529 Corporate Blvd, Baton Rouge, Louisiana

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7529 Corporate Blvd
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