100% Occupied Retail Investment Opportunity

11954 Coursey Blvd, Baton Rouge, LA 70816

  • For Sale $650,000
  • Property Type Retail - Strip
  • Property Size 6,165 SF
  • Lot Size 0.54 Acre
  • Year Built 1984
  • Date Updated Apr 14, 2024
East S SherwoodNow for sale, this sale-leaseback opportunity on 11954 Coursey Blvd is a freestanding 2-unit retail building with high visibility along a bustling retail/residential corridor. The current owner occupies one suite and is open to leasing back post-purchase, offering a stable income from the outset. The additional suite is also occupied. This property stands prominently on Coursey Blvd, near the high-traffic intersection with S Sherwood Forest Blvd, which sees an impressive ±47,195 vehicles per day. The building boasts ±6,165 sqft of retail space on a ±0.54-acre lot, complete with approximately 25 parking spaces and a pylon sign for maximum exposure. The property is situated in the desirable flood zone X. With its prominent frontage and in place income, this free standing property is an ideal opportunity for investors seeking to add a retail property to their portfolio. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 100% occupied. Owner currently occupies Suite A and is open to a leaseback
  • High visibility location in busy retail / residential corridor
  • NNN leases
  • 9% CAP Rate at listed price after lease back

Contacts

broker

Gabrielle Zia

ELIFIN Realty

(800) 895-9329

Location

Getting Around

  • Walk Score ®

    60/100 Somewhat Walkable
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood Parkview Oaks - Sherwood Oaks
  • Zip Code 70816
  • Market Baton Rouge

Points of Interest

  • Circle K

    1.36 miles

  • Costco Gasoline

    1.65 miles

  • Shell

    1.76 miles

  • Shell

    1.89 miles

  • Shell

    2.33 miles

  • Exxon

    2.77 miles

  • Murphy USA

    2.99 miles

  • RaceTrac

    3.32 miles

  • Exxon

    3.41 miles

  • Shell

    3.56 miles

  • Parkhaus

    3.56 miles

  • Parking Garage 2

    3.56 miles

  • Parking Lot 1

    3.63 miles

  • Parking Lot 2

    3.69 miles

  • Parking Lot 4

    3.97 miles

  • Bon Carre Parking

    5.12 miles

  • Student Union Lots

    7.78 miles

  • Thomas Boyd Lot

    7.86 miles

  • Lot R

    7.96 miles

  • Lot P

    8.00 miles

  • Pita Pit

    0.29 miles

  • Jack in the Box

    0.95 miles

  • Jimmy John's

    0.96 miles

  • Domino's

    0.96 miles

  • McDonald's

    1.19 miles

  • Waffle House

    1.28 miles

  • Burger King

    1.34 miles

  • Taco Bell

    1.53 miles

  • Popeyes

    1.58 miles

  • Waffle House

    1.59 miles

  • Walmart Neighborhood Market

    0.44 miles

  • Walmart Neighborhood Market

    1.58 miles

  • Albertsons

    1.94 miles

  • Hi Nabor Supermarket

    1.97 miles

  • Target

    2.00 miles

  • Shoppers Value

    2.03 miles

  • Walmart Neighborhood Market

    2.31 miles

  • Walmart Supercenter

    2.44 miles

  • Kohl's

    2.47 miles

  • Target

    2.57 miles

Frequently Asked Questions

What is the lease rate for 100% Occupied Retail Investment Opportunity?

Rental asking rate at 100% Occupied Retail Investment Opportunity is $325,000.00/YR.

What is the total square footage of 100% Occupied Retail Investment Opportunity?

100% Occupied Retail Investment Opportunity totals 6,165 square feet.

When was this property built?

100% Occupied Retail Investment Opportunity was built in 1984.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Gabrielle Zia

ELIFIN Realty

(800) 895-9329