Single-Tenant NNN Grocery
For Sale
Contact for pricing
Pending
9650 Airline Highway, Baton Rouge, LA 70815
Fee-simple interest offered for a single-tenant Albertsons property under an absolute NNN lease.
Property SizeContact for details
Days on Market122
Property Features for 9650 Airline Highway
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Newmark | Orange County - Irvine
Listed By:
Matthew Berres · License #CA 01977909
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 8 at 11:25AM
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 Newmark | Orange County - Irvine
Investment Insights
Based on property information with market context.
JLL is pleased to offer for sale the fee simple interest in a single-tenant Albertsons grocery property in Baton Rouge, Louisiana. The Asset is subject to an absolute NNN lease with Albertson’s LLC as tenant.
The lease includes over 12 years of primary term remaining and provides for ten percent rent escalations every five years throughout the primary term. The offering is structured as a long-term, single-tenant net-leased grocery investment with an absolute NNN framework.
Please note the property details provided in this listing focus on the lease structure and term remaining for the Albertsons location.
The lease includes over 12 years of primary term remaining and provides for ten percent rent escalations every five years throughout the primary term. The offering is structured as a long-term, single-tenant net-leased grocery investment with an absolute NNN framework.
Please note the property details provided in this listing focus on the lease structure and term remaining for the Albertsons location.
Key Highlights
- Single‑tenant Albertsons property offered as fee‑simple interest in Baton Rouge, Louisiana
- Subject to an absolute NNN lease with Albertson’s LLC
- Over 12 years of primary term remaining under the lease
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
331k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 30%
Shops & Services 28%
Groceries 26%
Dining 11%
Walmart Neighborhood Market
Groceries
49,805 visits/mo
0.2 miles
Burlington
Apparel
41,671 visits/mo
0.3 miles
Marshalls
Apparel
37,740 visits/mo
0.3 miles
Albertsons
Groceries
37,117 visits/mo
0.1 miles
Michaels
Shops & Services
29,370 visits/mo
0.2 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
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Similar Off Market Nearby
- Albertsons — 9650 Airline Hwy, Baton Rouge, LA 70815
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fee-simple interest offered for a single-tenant Albertsons property under an absolute NNN lease.
Where is this grocery and convenience store located?
The property is located at 9650 Airline Highway Baton Rouge, LA.
What are key features of this property?
This property features: Single‑tenant Albertsons property offered as fee‑simple interest in Baton Rouge, Louisiana; Subject to an absolute NNN lease with Albertson’s LLC; Over 12 years of primary term remaining under the lease
