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5298 Highland Rd
Baton Rouge, LA 70808
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 15 Year Term | Scheduled 5% Rental Increases | Investment Grade Tenant | Well-Known & Established Brand
  • Neighboring LSU (37K+ Students) | Dense Retail Corridor | Major Nearby Shopping Centers | Strong Tenant Presence
  • Direct Residential Consumer Base | Demographics in 5-Mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Centralized Location | Drive-Thru Equipped | Excellent Visibility & Access

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
12,355 SF
Building Class
A
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.95 AC
Zoning
C1 - Light Commercial
Parking
46 Spaces (3.72 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02042142
Land Assessment
$49,340
Improvements Assessment
$240,990
Total Assessment
$290,330
  • Listing ID: 29743559

  • Date on Market: 10/9/2023

  • Last Updated:

  • Address: 5298 Highland Rd, Baton Rouge, LA 70808

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