Grocery Store Triple-Net
For Sale
Contact for pricing
Pending
13002 Coursey Blvd, Baton Rouge, LA 70816
Absolute triple-net grocery lease with corporate guaranty from Winn-Dixie Stores, Inc. and zero landlord obligations.
Property SizeContact for details
Days on Market109
Property Features for 13002 Coursey Blvd
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
34,118 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Newmark | Orange County - Irvine
(949) 608-2175
Listed By:
Matthew Berres · License #CA 01977909
Source:
Crexi
Added: Apr 23
Changed: Aug 8
Last Checked: Aug 8 at 3:00PM
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.
The subject property is an absolute triple-net grocery store offering a corporate guaranty from Winn-Dixie Stores, Inc., with zero landlord obligations. The tenant executed a 20-year lease in December 2013 and has approximately 13.2 years remaining, with six (6) and five (5) year options to extend. Rent increases are structured with a 5% bump in year eleven of the initial term and 5% increases every five years throughout the extension periods.
The property is highly visible and located along Coursey Blvd (34,118 VPD) in the affluent eastern Baton Rouge suburb of Parkview East. Within 5 miles, the trade area includes 149,898 people with an average household income of $89,008.
Additional retailers in the trade area include Raising Cane’s, Walgreens, Burger King, Outback Steakhouse, Smoothie King, McDonald’s, CVS, Jiffy Lube, and Celebrity Theatres Baton Rouge.
The property is highly visible and located along Coursey Blvd (34,118 VPD) in the affluent eastern Baton Rouge suburb of Parkview East. Within 5 miles, the trade area includes 149,898 people with an average household income of $89,008.
Additional retailers in the trade area include Raising Cane’s, Walgreens, Burger King, Outback Steakhouse, Smoothie King, McDonald’s, CVS, Jiffy Lube, and Celebrity Theatres Baton Rouge.
Key Highlights
- Absolute triple‑net (NNN) grocery lease with zero landlord obligations
- Corporate guaranty from Winn‑Dixie Stores, Inc.
- 20‑year lease signed December 2013 with ~13.2 years remaining and six (6) five‑year options to extend
Property Analytics
Current Use
Lease Details
34,118 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Shops & Services 40%
Dining 9%
Winn-Dixie
Groceries
16,325 visits/mo
0.1 miles
Exxon
Shops & Services
6,837 visits/mo
0.2 miles
Whitney Bank
Shops & Services
4,030 visits/mo
0.3 miles
Citgo
Shops & Services
1,685 visits/mo
0.3 miles
Pizza Hut
Dining
1,446 visits/mo
0.3 miles
Demographics for 70816, LA
45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Absolute triple-net grocery lease with corporate guaranty from Winn-Dixie Stores, Inc. and zero landlord obligations.
Where is this grocery and convenience store located?
The property is located at 13002 Coursey Blvd Baton Rouge, LA.
What are key features of this property?
This property features: Absolute triple‑net (NNN) grocery lease with zero landlord obligations; Corporate guaranty from Winn‑Dixie Stores, Inc.; 20‑year lease signed December 2013 with ~13.2 years remaining and six (6) five‑year options to extend
