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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20745405
33354477

8620 Airline Hwy, Baton Rouge, LA 70815

AL
LA 0995698258
$3,800,000
570 days on market
Updated 2 days ago

Prime Retail Leased Investment w/ value-add potential

Details
Property Type Industrial, Mixed Use (+3)
Sub Type Storefront, Warehouse (+1)
Square Footage 45,198
Units 2
Occupancy 45%
Tenancy Multi
Brand/Tenant Planet Fitness
Lease Type NNN
Lease Term 5
Remaining Term 10.6
Rent Bumps Yes
Lease Options 2
Price per SqFt $84
Class A
Buildings 1
Stories 1
Acreage 4.700
Zoning C2
Parking Spaces 238 spaces
Parking Per SqFt 5.27
Investment Type Owner/User
Tenant Credit Credit Rated, Franchisee (+1)
Ground Lease No
Ownership 100

Prime Retail Leased Investment w/ value-add potential

Marketing description

Property Highlights:

238 parking spots with 4.07 Acres +/- of land -In high traffic corridor US 190 and US 61

Approx.55,000+/- ADT Florida Blvd and Airline Hwy

24,732 SF+/--w/ Two (2) truck wells (Suite A)

20,446SF+/- Planet Fitness (Leased) (Suite B)

Neighboring businesses: Prisma Graphics -Vivid Ink, Pet Smart, Southern Oaks Dental, Tropical Smoothie, Cox Communications Fleet Services, Women’s Hospital Graphic Serivces and many more.

Call listing agent for more information and to schedule a showing today. By appointment only.

Investment highlights

Investor Highlights: -Operator strong national credited top PF franchisee, with over 140+ locations. A income generating Asset property provides a Unique investment opportunity with significant value-add potential. Currently (Suite B) is Leased , it offers a solid base of existing income, while the vacancy provides a strong upside for investors seeking to actively lease or improve the property. Also great opportunity for a owner/operator.

Listing Contacts

AL
LA 0995698258

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