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Baker Regional Shopping Center 3 Retail Properties Offered at $8,190,000 in Baker, LA
Investment Highlights
- Grocery-anchored by the #3 Shoppers Value nationally
- Situated just north of downtown Baton Rouge – Louisiana’s state capital and a top SEC college town
- Connecting Downtown Baton Rouge and Baton Rouge Metro Airport with myriad communities to the north, all the way into southern Mississippi
- Well-positioned at the signalized intersection of Lavey Ln and State Route 19 (30,800 VPD)
- Boasting a long-term lease through 2034 and almost 20 years of tenure at the Property
- Low, replaceable rents provide insulation from any potential future volatility
Executive Summary
Broker of Record:
Donnie Jarreau
Jarreau Real Estate
Firm & License
License # BROK.995704351-CORP, BROK.32688-ACT (LA)
Address: 16161 Perkins Road, Baton Rouge, LA 70810
Phone: (866) 889-0550
Donnie Jarreau
Jarreau Real Estate
Firm & License
License # BROK.995704351-CORP, BROK.32688-ACT (LA)
Address: 16161 Perkins Road, Baton Rouge, LA 70810
Phone: (866) 889-0550
Property Facts
| Price | $8,190,000 | Number of Properties | 3 |
| Price / SF | $60.51 / SF | Individually For Sale | 0 |
| Cap Rate | 8.50% | Total Building Size | 135,348 SF |
| Sale Type | Investment NNN | Total Land Area | 17.78 AC |
| Status | Active |
| Price | $8,190,000 |
| Price / SF | $60.51 / SF |
| Cap Rate | 8.50% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 135,348 SF |
| Total Land Area | 17.78 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Baker Regional Shopping Center
234 Main St, Baker, LA 70714 |
Retail | 70,323 SF | 1982 | - |
| 280 Main St, Baker, LA 70714 | Retail | 59,500 SF | 2000 | - |
| 3201-3211 Lavey Ln, Baker, LA 70714 | Retail | 5,525 SF | 1983 | - |
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Contacts
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Kyle Stonis -
Pierce Mayson -
Jeff Enck -
Boris Shilkrot -
Matthews Real Estate Investment Services
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Baker Regional Shopping Center
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