Property History
Property Type
Property Type
Property Subtype
Asking Details
Asking Price
Asking Cap Rate
Asking NOI
Price/Sq Ft
Investment Highlights
- Strong Site Fundamentals - Nearly 150,000 residents in a 5-mile radius; AHHI exceeds $90,000 in both a 3- and 5-mile radius
- High Traffic, Hard Corner - Over 31,000 VPD pass by hard, signalized corner the subject property sits on (Highland Rd and W Lee Dr)
- Strategic Local Positioning - Located 1 mile away from LSU’s Campus which is home to over 42,000 students (the largest in the state) and is adjacent to the Walmart-Anchored Highland Village Shopping Center
- Corporate Backed Lease - The lease offers a strong guarantee by Corporate (NYSE: CAVA) which operates more than 300 locations throughout the United States with plans to increase store count to over 1,000 by 2032
- Limited Landlord Responsibilities - Recently constructed in 2023 to fit Cava’s specifications, the 20 year roof warranty outlives the base term of the lease; Tenant is responsible for CAM and reimburses for all Taxes & Insurance
- Capital of Louisiana - Baton Rouge is the Capital City and second most populous city in the state of Louisiana and sits 80 miles northwest of New Orleans (the most populous)
Loan History
Financial History
Tax History
Contact Information
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error
Ownership Information
Zoning
C2 CommercialNeighborhood CommercialHeavy Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 98 uses
View all 98 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!
