*Reduced* Investment at the North Gates of LSU

For Sale

3340 Highland Rd, Baton Rouge, LA 70802

This Baton Rouge property for sale is located at 3340 Highland Rd. The general use of *Reduced* Investment at the North Gates of LSU is retail and it incorporates 19,145 square feet of class A retail space. The current listed sale price for *Reduced* Investment at the North Gates of LSU is $2,985,000. *Reduced* Investment at the North Gates of LSU is situated on a lot that is 0.52 acre in size.

Contacts

broker

Matthew Shirley

Saurage Rotenberg Commercial Real Estate

(225) 448-2916

Property Details

  • 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
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.

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Highlights

  • 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

Getting around

  • 73/100

    Walk Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Shell

    0.07 miles

  • 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

  • Thomas Boyd Lot

    0.19 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

  • Five Guys

    0.02 miles

  • The Chimes

    0.03 miles

  • Chipotle

    0.03 miles

  • Raising Cane's

    0.04 miles

  • Subway

    0.05 miles

  • Smoothie King

    0.06 miles

  • Chinese Combo King

    0.06 miles

  • Pita Pit

    0.08 miles

  • Buffalo Wild Wings

    0.08 miles

  • Kami Nari Sushi and Hibachi

    0.08 miles

  • Bet-R

    1.14 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Matthew Shirley

Saurage Rotenberg Commercial Real Estate

(225) 448-2916