Baton Rouge Walgreens NNN
For Sale
Contact for pricing
11297 Florida Blvd, Baton Rouge, LA 70815
NNN leased Walgreens in Baton Rouge with long operating history.
Property Size13,620 SF
Price / SF$161.53
Days on Market810
Property Features for 11297 Florida Blvd
General Information
Standard status
Active
Size
13,620 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$219,999
Building Details
Year Built
1993
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Encore Real Estate Investment Services
(248) 702-0288
Listed By:
Deno Bistolarides · License #6502378067
Source:
Crexi
Added: Jun 14, 2024
Changed: Aug 21
Last Checked: Aug 29 at 8:34PM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
The Walgreens property is located at 11297 Florida Boulevard in Baton Rouge. Constructed in 1993, the property features an absolute NNN lease, placing minimal responsibilities on the landlord. The tenant has a long operating history at this location. The surrounding area includes a mix of national and local retailers. Baton Rouge is the capital of Louisiana and home to Louisiana State University. Walgreens, the second largest pharmacy chain in the U.S., operates approximately 8,700 locations nationwide. The property size is 13,620 square feet.
Key Highlights
- Absolute NNN lease provides minimal landlord responsibilities.
- Walgreens, a strong and reliable tenant, is the second largest pharmacy chain in the U.S.
- Long‑term tenant history at this location demonstrates commitment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
43k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 48%
Home Improvements & Furnishings 2%
Dollar Tree
Shops & Services
16,551 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
11,178 visits/mo
0.5 miles
Texaco
Shops & Services
4,868 visits/mo
0.4 miles
Smoothie King
Dining
4,701 visits/mo
0.4 miles
Baskin-Robbins
Dining
2,993 visits/mo
0.1 miles
Demographics for 70815, LA
29,376
Population
12,060
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
86%
High-School Grad
9.5 sq mi
ZIP Area
3,092
Density / Sq Mi
$55,804
Median Household Income
$36,158
Median Earnings
$984
Median Rent
$213,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Smoothie King — 10825 Florida Blvd Suite A, Baton Rouge, LA 70815
- Wanda S. Harrison, RPH — 11430 Florida Blvd, Baton Rouge, LA 70815, United States
- Ronnie J. Brown, RPh — 11430 Florida Blvd, Baton Rouge, LA 70815, United States
- CVS Pharmacy — 11430 Florida Blvd, Baton Rouge, LA 70815
- Dinnah Van Pelt — 11430 Florida Blvd, Baton Rouge, LA 708152403
Frequently Asked Questions
What type of property is this?
Drug store - NNN leased Walgreens in Baton Rouge with long operating history.
Where is this drug store located?
The property is located at 11297 Florida Blvd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,199,990.
What are key features of this property?
This property features: Absolute NNN lease provides minimal landlord responsibilities.; Walgreens, a strong and reliable tenant, is the second largest pharmacy chain in the U.S.; Long‑term tenant history at this location demonstrates commitment.
