7529 Corporate BlvdBaton Rouge, LA 70806

Property Details for 7529 Corporate Blvd

Year built

2005

Lot size

29.65 AC

Property size (Sq ft)

316,031 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

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.

Location Insight

City

Baton Rouge

County

East Baton Rouge Parish

State

Louisiana

Latitude

30.4323

Longitude

-91.1112

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