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CVS Pharmacy 11705 Coursey Blvd 14,750 SF of Retail Space Available in Baton Rouge, LA 70816
HIGHLIGHTS
- Signalized intersection of Coursey Blvd. and S. Sherwood Forest Blvd.
- Surrounded by 6,100+ single-family residences and 10,700+ multifamily units
- Strategically located within one of Baton Rouge's major retail, office, medical and industrial corridors
- Available January 1, 2025 | Subject property can be subdivided
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11705 | 14,750 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $368,750 /YR $30,729 /MO | Triple Net (NNN) |
1st Floor, Ste 11705
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 14,750 SF | Gross Leasable Area | 14,750 SF |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Drug Store | Parking Ratio | 3.66/1,000 SF |
| Total Space Available | 14,750 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 14,750 SF |
| Year Built | 2004 |
| Parking Ratio | 3.66/1,000 SF |
ABOUT THE PROPERTY
Retail and/or medical opportunity for lease in Baton Rouge, Louisiana situated on 1.29 acres. The former CVS can be demised to suit multiple tenants. Ideal users include primary and specialty medical operators, urgent care, bank/credit union, and retail. The property is located within one of the area’s premier retail and commercial corridors. The property benefits from high visibility and traffic flow. It is also located in the Baton Rouge MSA, with a population exceeding 850K inhabitants. The subject property offers a prime location and a thriving commercial environment with a diverse and affluent customer base.
- Corner Lot
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
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CVS Pharmacy | 11705 Coursey Blvd
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