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Walgreens - Absolute NNN 11297 Florida Blvd 13,620 SF Retail Building Baton Rouge, LA 70815 $3,071,010 CAD ($225.48 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
$3,071,010 CAD
Price Per SF
$225.48 CAD
Cap Rate
10%
NOI
$307,102 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 | $141,169 CAD |
| Land Assessment | $116,683 CAD | Total Assessment | $257,852 CAD |
PROPERTY TAXES
Parcel Number
01501836
Land Assessment
$116,683 CAD
Improvements Assessment
$141,169 CAD
Total Assessment
$257,852 CAD
CONTACTS
-
Deno Bistolarides -
Brandon Hanna -
Danny Samona -
Ryan Vinco -
Encore Real Estate Investment Services
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Walgreens - Absolute NNN | 11297 Florida Blvd
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