4564 Bennington AveBaton Rouge, LA 70808

Property Details for 4564 Bennington Ave

Lot size

1.00 AC

Property size (Sq ft)

5,560 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

793264

APU

793264

Description

This ±5,600 square foot freestanding building at 4564 Bennington Ave, Baton Rouge, LA 70808, is available for sale or lease. Located in the heart of the College Drive retail corridor, this single-tenant property enjoys a prime location directly adjacent to Gino's, a well-established Baton Rouge restaurant. The building offers a fully operational kitchen and bar, making it an ideal turnkey opportunity for a hospitality owner-operator. Its convenient location provides ±3-minute access to I-10, ensuring easy accessibility for customers throughout the Baton Rouge Metropolitan Statistical Area. The property boasts prominent pylon signage for maximum visibility in this busy commercial area and includes ample off-street parking. The lease is a NNN type. This exceptional property presents a rare chance to acquire a well-equipped restaurant space in a high-traffic location. The building is situated in East Baton Rouge Parish, zip code 70808.

• CAP approach

  CAP return

  Valuation

  6%

  $943,126

  6.5%

  $870,578

  7%

  $808,394

• Comparable approach

  Method

  Valuation

  Relative Method

  $657,389

  Geo Method

  $2,580,143

• Alternative Use

  Use

  Valuation

  Residential

  $870,578

  Hospitality

  $797,444

  Educational

  $663,464

  Medical

  $686,282

  Retail

  $1,032,056

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4201

Longitude

-91.1392

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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