Retail Building on
10420 Coursey Blvd Baton Rouge, LA 70816
For Sale
$1,989,500
Retail building offered for sale or lease on a 1.99-acre parcel along Coursey Boulevard.
Property Size11,500 SF
Lot Size1.99 Acres
Price / SF$173
Days on Market32
Property Features for 10420 Coursey Blvd
General Information
- Standard status
- Active
- Size
- 11,500 SF
- Lot size
- 1.99 Acres
- Property subtype
- Retail
Listing Agency:
(225) 907-6028
Listed By:
Donnie Jarreau
(225) 907-6028
Source:
Gojre
Added: Jun 25
Changed: Jul 23
Last Checked: Jul 26 at 6:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Donnie Jarreau
Investment Insights
Based on property information with market context.
Available for sale or lease, this 11,500 SF retail building sits on a 1.99-acre parcel along Coursey Boulevard. The offering includes a single retail building configured for general retail use.
The property’s placement along Coursey Boulevard provides direct roadway frontage on the subject site. Interested parties should review the building layout and intended use with the listing broker for fit and buildout options.
This is a straightforward retail real estate opportunity for tenants or buyers seeking a standalone building along a primary boulevard corridor.
The property’s placement along Coursey Boulevard provides direct roadway frontage on the subject site. Interested parties should review the building layout and intended use with the listing broker for fit and buildout options.
This is a straightforward retail real estate opportunity for tenants or buyers seeking a standalone building along a primary boulevard corridor.
Key Highlights
- 11,500 SF retail building available for sale or lease
- Located along Coursey Boulevard on a 1.99‑acre parcel
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $258.1k | $22.44 |
| − Vacancy | −$1.0k | −$0.09 |
| EGI | $257.1k | $22.35 |
| − OpEx | −$77.1k | −$6.71 |
| NOI | $179.9k | $15.65 |
11,500 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.57M
$2.25M – $3.00M
NOI $179,937 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.75M
$2.41M – $3.21M
NOI $192,790 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Salvation Army Family ...
Discount Store
FAQs
What type of property is this?
Retail space - Retail building offered for sale or lease on a 1.99-acre parcel along Coursey Boulevard.
Where is this retail space located?
The property is located at 10420 Coursey Blvd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,989,500.
What are key features of this property?
This property features: 11,500 SF retail building available for sale or lease; Located along Coursey Boulevard on a 1.99‑acre parcel
