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11297 Florida Blvd
Baton Rouge, LA 70815
Walgreens - Absolute NNN · Retail Property For Sale
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
$2,993,108 CAD
Price Per SF
$219.76 CAD
Cap Rate
10%
NOI
$299,312 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
Property Taxes
| Parcel Number | 01501836 | Improvements Assessment | $137,389 CAD |
| Land Assessment | $113,558 CAD | Total Assessment | $250,947 CAD |
Property Taxes
Parcel Number
01501836
Land Assessment
$113,558 CAD
Improvements Assessment
$137,389 CAD
Total Assessment
$250,947 CAD
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