Log In/Sign Up
Your email has been sent.
Walgreens - Absolute NNN 11297 Florida Blvd 13,620 SF Retail Building Baton Rouge, LA 70815 $3,004,372 CAD ($220.59 CAD/SF) 10% Cap Rate
Investment Highlights
- Absolute NNN Lease - Zero Landlord Responsibilities
- Hard Corner Location - Dense Retail Market
- Walgreens is the Second Largest Pharmacy Chain in the United States and Operates Approximately 8,700 Locations in 50 States
- 1993 Construction - Tenant has Long History at the Location Exhibiting a Strong Commitment to the Site
- Located in Baton Rouge - Louisiana's Capital and Home to Louisiana State University
- Hard Corner Location at a Busy Signalized Intersection
Executive Summary
Absolute NNN Lease - Zero Landlord Responsibilities
1993 Construction - Tenant has Long History at the Location Exhibiting a Strong Commitment to the Site
Hard Corner Location - Dense Retail Market
Located in Baton Rouge - Louisiana's Capital and Home to Louisiana State University
Walgreens is the Second Largest Pharmacy Chain in the United States and Operates Approximately 8,700 Locations in 50 States
Hard Corner Location at a Busy Signalized Intersection
1993 Construction - Tenant has Long History at the Location Exhibiting a Strong Commitment to the Site
Hard Corner Location - Dense Retail Market
Located in Baton Rouge - Louisiana's Capital and Home to Louisiana State University
Walgreens is the Second Largest Pharmacy Chain in the United States and Operates Approximately 8,700 Locations in 50 States
Hard Corner Location at a Busy Signalized Intersection
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,620 SF
Building Class
C
Year Built
1993
Price
$3,004,372 CAD
Price Per SF
$220.59 CAD
Cap Rate
10%
NOI
$300,439 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.69 AC
Zoning
COMMERCIAL
Parking
83 Spaces (6.09 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01501836 | Improvements Assessment | $137,315 CAD |
| Land Assessment | $113,497 CAD | Total Assessment | $250,812 CAD |
Property Taxes
Parcel Number
01501836
Land Assessment
$113,497 CAD
Improvements Assessment
$137,315 CAD
Total Assessment
$250,812 CAD
Contacts
-
Deno Bistolarides -
Brandon Hanna -
Danny Samona -
Ryan Vinco -
Encore Real Estate Investment Services
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens - Absolute NNN | 11297 Florida Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.