Log In/Sign Up
Your email has been sent.
Winn Dixie 1830 W Airline Hwy 81,644 SF Retail Building La Place, LA 70068 $13,223,121 CAD ($161.96 CAD/SF) 7% Cap Rate
Investment Highlights
- Well-established grocery location totaling ±81,644 SF on ±7.00 AC
- Absolute NNN lease with zero landlord responsibilities
- Property underwent a renovation in 2018, enhancing long-term operational reliability
- Long-term corporate tenant (Winn-Dixie) with a 28-year operating history
- 6.25-Years remaining on the base term of the lease
- 5-Mile Population of 40,035 residents with an average household income of $77,650 annually
Executive Summary
Broker of Record
Donnie Jarreau
License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550
Donnie Jarreau
License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
81,644 SF
Building Class
B
Year Built/Renovated
1997/2018
Price
$13,223,121 CAD
Price Per SF
$161.96 CAD
Cap Rate
7%
NOI
$925,618 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
7.00 AC
Zoning
Commercial District 1
Parking
331 Spaces (4.05 Spaces per 1,000 SF Leased)
Amenities
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0400461300 | Improvements Assessment | $861,536 CAD |
| Land Assessment | $478,688 CAD | Total Assessment | $1,340,224 CAD |
Property Taxes
Parcel Number
0400461300
Land Assessment
$478,688 CAD
Improvements Assessment
$861,536 CAD
Total Assessment
$1,340,224 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Winn Dixie | 1830 W Airline Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.