10009 Jefferson Hwy | River Ridge, LA 70123
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- LoopNet Team
10009 Jefferson Hwy
River Ridge, LA 70123
Langenstein’s Center - Supermarket Anchored · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% occupancy with nationally recognized and regional tenants: Lagenstein’s Grocery, Dollar General, Planet Fitness, and Hancock Whitney Bank
- Strong Consumer & Residential Base – Over 217,000 people within a 5-mile radius, 83,000+ residents within 3 miles, and a high average household income
- Low-Management, Passive Investment – Triple-net (NNN) leases with tenants covering CAM, taxes, insurance, and interior maintenance
- Prime Location & High Visibility – Jefferson Hwy with over 21,000 VPD, near major arterials like Blues Hwy (61) and Earhart Expressway (Hwy 3139)
- Stable & Long-Term Tenancy – Tenants have operated at this location since 2016, ensuring historical occupancy and long-term commitment
- Attractive Inv Opportunity – Strong cash flow, fee-simple ownership, and potential tax benefits through cost segregation and depreciation advantages
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
47,803 SF
Building Class
B
Year Built/Renovated
1980/2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
3.62 AC
Zoning
C1
Parking
169 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 0910008380 | Improvements Assessment | $480,720 |
| Land Assessment | $226,500 | Total Assessment | $707,220 |
PROPERTY TAXES
Parcel Number
0910008380
Land Assessment
$226,500
Improvements Assessment
$480,720
Total Assessment
$707,220
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