3151 College Dr | Baton Rouge, LA 70808
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- LoopNet Team
3151 College Dr
Baton Rouge, LA 70808
College Creek Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stabilized and Fully Occupied Asset: This retail center is 100% occupied, ensuring consistent cash flow from existing tenants.
- Prime Location Near Walmart Supercenter: Strategically located, which serves as a major retail traffic driver in the area.
- Value-Add Opportunity: Additional land approved for storage development offers significant potential to enhance income and value.
- National Tenant Presence: Filling the end caps are two national tenants, providing creditworthy income and attracting consistent consumer traffic.
- High Occupancy History: With limited retail space availability, this property has maintained a strong history of high occupancy rates.
- Affluent Demographics: Avg HH Income within a 1-mile radius: $120,752. Situated 3 miles from Louisiana State University offers benefits.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,821 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.30 AC
Zoning
GC - General Commercial
Parking
110 Spaces (9.31 Spaces per 1,000 SF Leased)
Frontage
60’ on College Dr
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 02462001 | Improvements Assessment | $213,440 |
| Land Assessment | $27,000 | Total Assessment | $240,440 |
PROPERTY TAXES
Parcel Number
02462001
Land Assessment
$27,000
Improvements Assessment
$213,440
Total Assessment
$240,440
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