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234 Main St
Baker, LA 70714

$8,190,000 USD

General Retail For Sale  •  70,323 SF

Property Details

• Property Type General Retail
• Total Building Size 70,323 SF
• Lot Size 10.37 AC
• Building Class C
• Year Built 1982
• Cap Rate 8.50 %
• Tenancy Multiple
• Zoning C2

10 Transit Score

30 Walk Score

Highlights

Grocery-anchored by the #3 Shoppers Value nationally

Boasting a long-term lease through 2034 and almost 20 years of tenure at the Property

Well-positioned at the signalized intersection of Lavey Ln and State Route 19 (30,800 VPD)

Connecting Downtown Baton Rouge and Baton Rouge Metro Airport with myriad communities to the north, all the way into southern Mississippi

Situated just north of downtown Baton Rouge – Louisiana’s state capital and a top SEC college town

Low, replaceable rents provide insulation from any potential future volatility

Cap Rate:

8.50 %

Amenities

• Bus Line
• Dedicated Turn Lane
• Pylon Sign
• Signage
• Signalized Intersection
• Wheelchair Accessible
• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Baton Rouge Metro Ryan Field	11 min	-	6.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	150
Type:	Surface
Included in Rent:	Yes