220 N Alexander Ave | Port Allen, LA 70767
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- LoopNet Team
220 N Alexander Ave
Port Allen, LA 70767
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Triple-Net (NNN) Corporate Lease with Walgreens
- Strong Store Sales and Drive-Thru Access
- Situated Along Port Allen’s Primary Thoroughfare - 21,000+ Cars/Day Along Alexander Avenue
- Approx. 12 Years Remaining on Lease Term with 11, 5 Year Renewal Options
- 108,800 Residents within a 5-Mile Radius - Growing Trade Area in Baton Rouge MSA
- Surrounded by National Retailers - Family Dollar, Church’s Chicken, AutoZone, etc.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.42 AC
Zoning
C-2
Parking
45 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 030360022400 | Improvements Assessment | $593,720 |
| Land Assessment | $54,000 | Total Assessment | $647,720 |
PROPERTY TAXES
Parcel Number
030360022400
Land Assessment
$54,000
Improvements Assessment
$593,720
Total Assessment
$647,720
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