Log In/Sign Up
Your email has been sent.
13031 Perkins Rd 18,300 SF 100% Leased Retail Building Baton Rouge, LA 70810 $4,552,389 CAD ($248.76 CAD/SF) 9% Cap Rate
Executive Summary
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, inground 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. T
he 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.
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, inground 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. T
he 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.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
18,300 SF
Building Class
B
Year Built
2000
Price
$4,552,389 CAD
Price Per SF
$248.76 CAD
Cap Rate
9%
NOI
$409,715 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.23
Lot Size
1.84 AC
Parking
43 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
185’ on Siegen Lane
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01129848 | Improvements Assessment | $104,000 CAD |
| Land Assessment | $42,894 CAD | Total Assessment | $146,895 CAD |
Property Taxes
Parcel Number
01129848
Land Assessment
$42,894 CAD
Improvements Assessment
$104,000 CAD
Total Assessment
$146,895 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
13031 Perkins Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.