9% CAP | Leslie Pools | Prime Perkins and Siegen Corner
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View Sale Brochure:https://buildout.com/sharing/9-cap-leslie-pools-prime-perkins-and-siegen-corner-13031-perkins-rd-baton-rouge?file=4170635
Now available for sale, 13031 Perkins Rd offers a ±18,300 SF retail building leased to Splash, a Leslie’s Company.
Splash is a long-standing regional retailer specializing in pools, spas, and outdoor lifestyle products, with multiple locations across Louisiana and Florida. The tenant offers a broad product mix including patio furniture, hot tubs, swim spas, exercise pools, in-ground and above ground pools, and other related accessories.
The lease runs through December 31, 2027, providing stable in-place income. The property is currently producing a NOI of $292,800, reflecting a 9% cap rate.
The site is positioned seconds from the Perkins Rd and Siegen Ln intersection, which sees ±39,247 vehicles per day and includes retailers such as Pizza Hut, Starbucks, Jack in the Box, Chase Bank, and the Oak Point Market.
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