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Winn Dixie 1830 W Airline Hwy 81,644 SF Retail Building La Place, LA 70068 $9,668,286 ($118.42/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Well-established grocery location totaling ±81,644 SF on ±7.00 AC
  • Absolute NNN lease with zero landlord responsibilities
  • Property underwent a renovation in 2018, enhancing long-term operational reliability
  • Long-term corporate tenant (Winn-Dixie) with a 28-year operating history
  • 6.25-Years remaining on the base term of the lease
  • 5-Mile Population of 40,035 residents with an average household income of $77,650 annually

EXECUTIVE SUMMARY

Broker of Record
Donnie Jarreau
License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
81,644 SF
Building Class
B
Year Built/Renovated
1997/2018
Price
$9,668,286
Price Per SF
$118.42
Cap Rate
7%
NOI
$676,780
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
7.00 AC
Zoning
Commercial District 1
Parking
331 Spaces (4.05 Spaces per 1,000 SF Leased)

AMENITIES

  • Signalized Intersection
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

New Orleans Original Daiquiris
PJ's Coffee of New Orleans
Waffle House
Chili's Grill & Bar
Regions Bank
Woodforest National Bank
Rent-A-Center
IHOP
Capital One
7 Brew Coffee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0400461300
Land Assessment
$350,000
Improvements Assessment
$629,925
Total Assessment
$979,925
  • Listing ID: 38626947

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 1830 W Airline Hwy, La Place, LA 70068

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