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28648577
28648579

10111 Gwenadele Ave, Baton Rouge, LA 70816

JC
CA 01915138
SRS Real Estate Partners Newport Beach
KZ
CA 02222176
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach
$3,500,000
200 days on market
Updated 95 days ago

Celebration Station

Details
APN 1501909
Property Type Retail
Sub Type Storefront
Square Footage 14,000
Tenancy Vacant
Price per SqFt $250
Acreage 6.000
Zoning C-AB-1 Commercial Alcoholic Beverage
Parking Spaces 147 spaces
Parking Per SqFt 10.50
Ownership Fee Simple (Land & Building Ownership)

Retail | 14,000 SqFt

Marketing description

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a family entertainment investment property located in Baton Rouge, Louisiana. The asset features 14,000 SF of rentable building area and 6.05 acres of land. The site is also equipped with a putt putt course, batting cages, and a go-kart track, making it an ideal investment for an entertainment owner-user. The asset is zoned C-AB-1, providing investors with a variety of permitted uses.

The subject property is located near the intersection of Interstate 12 and US Highway 61 which combine to average over 208,000 vehicles passing by daily. US Highway 61, is a major retail thoroughfare serving the city of Baton Rouge. The site is located in close proximity to Hammond Aire Plaza that features national/credit tenants including Burlington, Albertsons, Marshalls, Foot Locker, Crunch Fitness, Taco Bell, and more. The asset is less than 2 miles from a 157,000+ SF The Home Depot anchored center that also includes national/credit tenants such as Dollar Tree, Take 5 Car Wash, and Mavis Tires & Brakes. In addition, the property is also located less than 5 miles from the Mall of Louisiana, a 723,000+ SF mall featuring national/credit tenants such as Macy’s, Dillard’s, JCPenney, Sephora, and Main Event. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, The Home Depot, Costco, McDonald’s, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 198,777 residents and 186,015 employees with an average household income of $94,487.

Investment highlights

  • Owner-User/Redevelopment Opportunity | Large Parcel | Commercial Alcoholic Beverage Zoning

  • Hammond Aire Plaza | Near a Home Depot Anchored Center | High Traffic Counts (208,000 VPD) | Strong Retail Corridor

  • Strong Demographics In 5-Mile Trade Area

Listing Contacts

JC
CA 01915138
SRS Real Estate Partners Newport Beach
KZ
CA 02222176
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach

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Additional Information

Name
Sabrina Sapienza
License
LA License No. BROK.995710215-ACT
Brokerage
SRS National Net Lease Group, LP
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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