Six-Unit Retail Strip
For Sale
$1,700,000
1750 Brightside Dr, Baton Rouge, LA 70820
Fully leased multi-tenant retail property along Brightside Dr, approximately six minutes from LSU.
Property Size6,064 SF
Price / SF$280.34
Days on Market61
Property Features for 1750 Brightside Dr
General Information
Standard status
Active
Size
6,064 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
17,989 vehicles/day
Building Details
Building Size
6,064 SF
Tenancy
Multi
Listing Agency:
Elifin Realty Baton Rouge
Listed By:
Jacob Loveland
(225) 460-0877
Source:
Elifinrealty
Added: Aug 8
Changed: Oct 3
Last Checked: Oct 5 at 4:31PM
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 Elifin Realty Baton Rouge
Investment Insights
Based on property information with market context.
This retail strip center at 1750 Brightside Dr contains approximately 6,064 SF arranged across six units. The property is currently 100% occupied, providing an established multi-tenant configuration for a retail-focused buyer. Its location along Brightside Dr places the center within an active commercial setting with approximately 17,989 annual average daily traffic.
The property is approximately six minutes from LSU and is surrounded by residential communities, including The Retreat, The Blox, and Brightside Villas. Additional nearby context includes national and local retailers, restaurants, and new development activity. The combination of six suites, full occupancy, and proximity to LSU and surrounding housing defines the center’s current commercial profile.
The property is approximately six minutes from LSU and is surrounded by residential communities, including The Retreat, The Blox, and Brightside Villas. Additional nearby context includes national and local retailers, restaurants, and new development activity. The combination of six suites, full occupancy, and proximity to LSU and surrounding housing defines the center’s current commercial profile.
Key Highlights
- Approximately 6,064 SF retail strip center
- Six‑unit configuration with 100% occupancy
- Approximately 17,989 annual average daily traffic along Brightside Dr
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,882
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,897,640
$1.9M
Cap Rate 7%
$1,355,457
$1.4M
Cap Rate 9%
$1,054,244
$1.1M
Market Conditions
NOI Build-Up for 6,064 SF
Gross rent
$136.1K $22.44/SF
− Vacancy
−$531 −$0.09/SF
EGI
$135.5K $22.35/SF
− OpEx
−$40.7K −$6.71/SF
NOI
$94.9K $15.65/SF
Area
Baton Rouge, LA
Vacancy
0.39%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,897,640
Cap Rate 7%
$1,355,457
Cap Rate 9%
$1,054,244
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.58M
NOI $94,882 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,659 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
17,989 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Dining 16%
Circle K
Shops & Services
9,613 visits/mo
0.1 miles
Hungry Howie's Pizza
Dining
2,072 visits/mo
0.4 miles
Mavis Discount Tire
Shops & Services
1,123 visits/mo
0.5 miles
Demographics for 70820, LA
23,470
Population
11,589
Households
2
Avg Household Size
26
Median Age
54%
College-Educated
94%
High-School Grad
20.6 sq mi
ZIP Area
1,139
Density / Sq Mi
$47,556
Median Household Income
$23,397
Median Earnings
$1,057
Median Rent
$293,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased multi-tenant retail property along Brightside Dr, approximately six minutes from LSU.
Where is this strip mall located?
The property is located at 1750 Brightside Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approximately 6,064 SF retail strip center; Six‑unit configuration with 100% occupancy; Approximately 17,989 annual average daily traffic along Brightside Dr
