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13365 Coursey Blvd
Baton Rouge, LA 70816
Shopping Center for Sale on Coursey Blvd. · Retail Property For Sale
Investment Highlights
- The property is located in a highly trafficked, dense residential area which fully utilizes both of these tenant services.
Executive Summary
Shopping Center for sale. Two (2) tenants - Papa John's and Smart Cleaners. Smart Cleaners is a pickup and on-site cleaning facility. The cleaning facility utilizes the latest in eco-friendly equipment. The property is located in a highly trafficked, dense residential area which fully utilizes both of these tenant services.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
B
Year Built
1990
Price
$1,099,000
Price Per SF
$183.17
Cap Rate
7%
NOI
$76,930
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.55 AC
Zoning
C-1 - COMMERCIAL
Parking
22 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
100’ on Coursey Blvd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 01028804 | Improvements Assessment | $26,631 |
| Land Assessment | $10,989 | Total Assessment | $37,620 |
Property Taxes
Parcel Number
01028804
Land Assessment
$10,989
Improvements Assessment
$26,631
Total Assessment
$37,620
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