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6212 Siegen Ln 6,440 SF 100% Leased Retail Building Baton Rouge, LA 70809 $2,899,000 ($450.16/SF) 7% Cap Rate
Executive Summary
Property Description
6212 Siegen Lane is a fully leased, multi-tenant shopping center located along one of Baton Rouge's most heavily trafficked retail corridors. This ±6,440 square foot retail center supports two tenants -- Black & Gold / Purple & Gold Sports Shop and Dumpling & Bao. The property is zoned for mixed-use development, supporting a range of retail, restaurant, and commercial applications. Given the strong surrounding market dynamics, strategic location, and demand for retail space in the area, the asset offers a compelling opportunity for investors or owner-users seeking a well-positioned commercial property in Baton Rouge’s established retail corridor.
Location Description
Located at 6212 Siegen Lane, this small, yet strategic strip center offers excellent visibility and access in one of Baton Rouge’s busiest retail corridors. The property benefits from its proximity to major roadways, including I-10, and is within 5 minutes from key intersections like Siegen Lane and Jefferson Highway. The surrounding area features a strong mix of retail, dining, and service-oriented businesses, with neighboring big-box retailers such as Walmart, Home Depot, and Lowe’s.
6212 Siegen Lane is a fully leased, multi-tenant shopping center located along one of Baton Rouge's most heavily trafficked retail corridors. This ±6,440 square foot retail center supports two tenants -- Black & Gold / Purple & Gold Sports Shop and Dumpling & Bao. The property is zoned for mixed-use development, supporting a range of retail, restaurant, and commercial applications. Given the strong surrounding market dynamics, strategic location, and demand for retail space in the area, the asset offers a compelling opportunity for investors or owner-users seeking a well-positioned commercial property in Baton Rouge’s established retail corridor.
Location Description
Located at 6212 Siegen Lane, this small, yet strategic strip center offers excellent visibility and access in one of Baton Rouge’s busiest retail corridors. The property benefits from its proximity to major roadways, including I-10, and is within 5 minutes from key intersections like Siegen Lane and Jefferson Highway. The surrounding area features a strong mix of retail, dining, and service-oriented businesses, with neighboring big-box retailers such as Walmart, Home Depot, and Lowe’s.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,440 SF
Building Class
B
Year Built
2015
Price
$2,899,000
Price Per SF
$450.16
Cap Rate
7%
NOI
$202,950
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.78 AC
Parking
52 Spaces (8.07 Spaces per 1,000 SF Leased)
Frontage
175’ on Siegen Lane
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03107817 | Improvements Assessment | $150,174 |
| Land Assessment | $100,116 | Total Assessment | $250,290 |
Property Taxes
Parcel Number
03107817
Land Assessment
$100,116
Improvements Assessment
$150,174
Total Assessment
$250,290
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6212 Siegen Ln
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