28799 Walker South Road

For Sale

28799 Walker South Road, Walker, LA 70785

This Walker property for sale is located at 28799 Walker South Road. The general use of 28799 Walker South Road is office and it incorporates 6,000 square feet of class B office space. The current listed sale price for 28799 Walker South Road is $1,050,000. 28799 Walker South Road is situated on a lot that is 0.61 acre in size.

Contacts

broker

Mike D'Amico

Property One

(504) 681-3400

Property Details

  • Property Type Office - General Office
  • Property Size 6,000 SF
  • Units 2
  • Lot Size 0.61 Acre
  • Building Class B
  • Year Built 2006
  • Year Renovated 2017
  • Date Updated Mar 27, 2024
Located lust north of I-12 on east side Walker South Road between Murphy Express and Little Caesars.Two tenant stand alone building with an estimated 8.13 Cap Rate. Tenant 1: Anytime Fitness with lease expiring April 30, 2027. Additional 5 year option with 5% increase in year 1 and 3% increase in year 4 of option. Lease is NOT NNN. 3900 square feet. Tenant has exercised lease extensions at this location. Pays $5,098.50 per month or $61,182 per year Tenant 2: Sunset Smoke Shop with lease expiring August 14, 2027.Lease is NNN. 2100 square feet. Pays $3,500.00 per month or $42,000 per year Gross Income $103,182.00 per year Expenses Taxes $7,546.00 Property Insurance $4,767.00 Flood Insurance $5,207.00 Total Expenses $17,520.00 Gros Income $103,182.00 Less expenses $ 17,520.00 Net Income $85,662.00 Please do not visit businesses. Call agents to setup appointments.

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Location

  • City Walker, LA
  • Neighborhood Walker
  • Zip Code 70785
  • Market Baton Rouge

Points of Interest

  • Murphy USA

    0.03 miles

  • Valero

    2.40 miles

  • Chevron

    2.44 miles

  • Chevron

    3.31 miles

  • RaceTrac

    3.37 miles

  • Shell

    3.45 miles

  • Circle K

    4.98 miles

  • M&D Quick Stop

    4.99 miles

  • Walmart

    5.47 miles

  • Murphy USA

    5.51 miles

  • Faculty Parking

    5.49 miles

  • La Quinta Inn & Suites by Wyndham Walker - Denham Springs

    0.48 miles

  • Days Inn

    5.87 miles

  • Carom Inn

    5.90 miles

  • Hampton

    5.96 miles

  • Comfort Suites

    6.01 miles

  • Candlewood Suites

    6.04 miles

  • La Quinta Inn & Suites by Wyndham Baton Rouge Denham Springs

    8.82 miles

  • Quality Suites Baton Rouge East - Denham Springs

    8.87 miles

  • Shopper's Value

    0.32 miles

  • Walmart Supercenter

    0.34 miles

  • Carter's

    0.47 miles

  • Rouses

    3.45 miles

  • TJ Maxx

    3.65 miles

  • Belk

    3.67 miles

  • Carter's Supermarket

    4.71 miles

  • Walmart Supercenter

    5.41 miles

  • Walmart Neighborhood Market

    5.43 miles

  • Carter's Supermarket

    5.56 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Mike D'Amico

Property One

(504) 681-3400