For Sale

*Reduced* Investment at the North Gates of LSU

3340 Highland Rd, Baton Rouge, LA 70802

Located in Baton Rouge at the Gates of LSU.High Profile Retail Property on LSU Campus - Stabilized income stream with quality tenant mix. Currently 75% Occupied (14,511 sqft) with current actual NOI of $227,000. Additional 4,634 sqft second floor space that is currently out of commerce. Potential to develop short-term rental / party pad for value add NOI: $227,000 Cap Rate: 7.61% Tenant Roster Includes: Highland Coffees Bengals and Bandits (soft goods retailer) Vivint (home automation corporate office) Lit Vape Adjacent to the historic Chimes Restaurant and Chipotle Please contact agent for additional details including CA in order to receive all supporting financial information. CA is also attached to this listing - Please print, sign, scan and return.

Key features

  • High Profile Retail Property on LSU Campus - Stabilized income stream with quality tenant mix.
  • Currently 75% Occupied (14,511 sqft) with current actual NOI of $227,000
  • Additional 4,634 sqft second floor space that is currently out of commerce. Potential to develop short-term rental / party pad for value add
  • NOI: $227,000
  • Cap Rate: 7.61%
  • Tenant Roster Includes: Highland Coffees, Bengals and Bandits (soft goods retailer), Vivint (home automation corporate office), Lit Vape
  • Adjacent to the historic Chimes Restaurant and Chipotle
  • Please contact agent for additional details including CA in order to receive all supporting financial information

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Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Matthew Shirley

Saurage Rotenberg Commercial Real Estate

Building Details

  • For Sale $2,985,000
  • Property Type Retail - Street Retail
  • Property Size 19,145 SF
  • Lot Size 0.52 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Date Updated Apr 17, 2024

Getting Around

  • Walk Score ®

    Very Walkable (73)

  • Bike Score ®

    Bikeable (69)
Powered by Walk Score ®

Location

  • City Baton Rouge, LA
  • Neighborhood South Baton Rouge
  • Zip Code 70802
  • Market Baton Rouge

Points of Interest

Chevron

0.29 miles

Circle K

1.36 miles

Tesla Supercharger 1A

1.38 miles

Tesla Supercharger 1B

1.38 miles

Tesla Supercharger 2A

1.38 miles

Tesla Supercharger 2B

1.38 miles

Tesla Supercharger 3A

1.38 miles

Tesla Supercharger 3B

1.39 miles

Chevron

1.69 miles

Lot P

0.31 miles

Lot J

0.37 miles

Student Union Lots

0.39 miles

Lot Q

0.42 miles

Lot M

0.48 miles

Lot L

0.50 miles

Lot R

0.56 miles

Parking 3A

1.62 miles

East River Center Parking Garage

1.93 miles

Trader Joe's

1.43 miles

Walmart Neighborhood Market

1.80 miles

Walmart Supercenter

2.03 miles

Rouses Market

2.10 miles

Albertsons

2.14 miles

Walmart Supercenter

2.38 miles

Walmart

2.40 miles

Calandro's Supermarket

2.51 miles

SoSis Boutique

2.81 miles

3340 Highland Rd Listing Summary

  • What is the asking price at *Reduced* Investment at the North Gates of LSU?

    *Reduced* Investment at the North Gates of LSU is currently listed for sale at $2,985,000.

  • What is the total size of *Reduced* Investment at the North Gates of LSU?

    *Reduced* Investment at the North Gates of LSU has a total of 19,145 square feet.

Contact Listing Broker

broker

Matthew Shirley

Saurage Rotenberg Commercial Real Estate