For Sale
$1,099,000

13365 Coursey Blvd Baton Rouge, LA 70816

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

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
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

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FAQs

What type of property is this?
Lifestyle center - High-yield, 2-tenant retail center in Baton Rouge.
Where is the lifestyle center located?
The property is located at 13365 Coursey Blvd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 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.
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 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.
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Contacts

Mike Stinson, CCIM
Mike Stinson, CCIM
Visit Broker Website

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Useful Information

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Coursey Blvd
Baton Rouge, LA 70816

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Coursey Blvd
Baton Rouge, LA 70816

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

13365 Coursey Blvd
  • Mike Stinson, CCIM
    Mike Stinson, CCIM
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