Contacts

Gabrielle Zia

ELIFIN Realty

Property Details

Property Type Retail - Strip
Property Size 6,165 SF
Lot Size 0.54 Acre
Additional Rent Contact for pricing
Year Built 1984
Date Updated Nov 14, 2024

East S SherwoodNow for sale, this sale-leaseback opportunity on 11954 Coursey Blvd is a freestanding 2-unit retail building with high visibility along a bustling retail/residential corridor. The current owner occupies one suite and is open to leasing back post-purchase, offering a stable income from the outset. The additional suite is also occupied. This property stands prominently on Coursey Blvd, near the high-traffic intersection with S Sherwood Forest Blvd, which sees an impressive ±47,195 vehicles per day. The building boasts ±6,165 sqft of retail space on a ±0.54-acre lot, complete with approximately 25 parking spaces and a pylon sign for maximum exposure. The property is situated in the desirable flood zone X. With its prominent frontage and in place income, this free standing property is an ideal opportunity for investors seeking to add a retail property to their portfolio. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Highlights

100% occupied. Owner currently occupies Suite A and is open to a leaseback
High visibility location in busy retail / residential corridor
NNN leases
9% CAP Rate at listed price after lease back

Getting around

60/100
Walk Score ®
45/100
Bike Score ®

Powered by Walk Score ®

City Baton Rouge, LA
Neighborhood Parkview Oaks - Sherwood Oaks
Zip Code 70816
Market Baton Rouge

Points of Interest

RaceTrac

0.31 miles
Wal-Mart

0.43 miles
Shell

0.56 miles
Citigo

0.64 miles
Exxon

0.69 miles
Murphy Express

1.33 miles
Circle K

1.36 miles
Chevron

1.51 miles
ChargePoint

4.08 miles
Tesla Supercharger

4.43 miles

Parkhaus

3.56 miles
Parking Garage 2

3.57 miles
Parking Lot 1

3.63 miles
Parking Lot 2

3.69 miles
Parking Lot 4

3.97 miles
Bon Carre Parking

5.12 miles
Student Union Lots

7.78 miles
Thomas Boyd Lot

7.86 miles
Lot R

7.96 miles

Curry N Kebab

0.08 miles
China Express

0.14 miles
Boil & Roux

0.20 miles
WAKA house

0.25 miles
Tiger Sushi

0.26 miles
Wendy's

0.28 miles
Bayou Seafood & Po-boys

0.29 miles
El Paso

0.29 miles
Duang Tawan

0.29 miles
Albasha

0.33 miles

Walmart Neighborhood Market

0.44 miles
Winn-Dixie

0.76 miles
Ideal Market

1.84 miles
Ross

1.88 miles
Albertsons

1.94 miles
Hi Nabor Supermarket

1.97 miles
Big Lots

1.99 miles
Target

2.00 miles
Shoppers Value

2.03 miles
ALDI

2.18 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.