Highland Road Storefront Retail
For Sale
$1,290,000
7276 HIGHLAND RD, Baton Rouge, LA 70808
C1-zoned retail asset with two identified occupants near established commercial businesses.
Property Size4,000 SF
Price / SF$322.50
Days on Market850
Property Features for 7276 HIGHLAND RD
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
30
Property subtype
Retail
Zoning
C1
Amenities
Power
Water
Sewer
Natural Gas
30 Parking Spaces
Building Details
Year Built
1985
Tenancy
Multi
Listing Agency:
Trusty Investment Properties, LLC
(225) 333-2944
Listed By:
John Trusty · License #995692199
(225) 333-2944
Source:
Lacdb.resimplifi
Added: May 5, 2024
Changed: Aug 30
Last Checked: Aug 31 at 12:43PM
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 Trusty Investment Properties, LLC
Investment Insights
Based on property information with market context.
This C1-zoned storefront retail property was built in 1985 and is identified with two occupants, TBR and Succulent. The asset is located at 7276 Highland Road in Baton Rouge, Louisiana, and carries a listed property size of 4,000.
The property sits in the Kenilworth retail hub, opposite Superior Grill and First Horizon Bank. Its Highland Road setting places the storefront within an established commercial area with nearby retail and banking uses.
The property sits in the Kenilworth retail hub, opposite Superior Grill and First Horizon Bank. Its Highland Road setting places the storefront within an established commercial area with nearby retail and banking uses.
Key Highlights
- C1 zoning supports the property’s retail classification
- Two identified occupants: TBR and Succulent
- Built in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,587
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,251,740
$1.3M
Cap Rate 7%
$894,100
$894.1K
Cap Rate 9%
$695,411
$695.4K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$89.8K $22.44/SF
− Vacancy
−$350 −$0.09/SF
EGI
$89.4K $22.35/SF
− OpEx
−$26.8K −$6.71/SF
NOI
$62.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,251,740
Cap Rate 7%
$894,100
Cap Rate 9%
$695,411
Alternative Uses
Best Use
Retail
$894.1K
$782.3K – $1.04M
NOI $62,587 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$958.0K
$838.2K – $1.12M
NOI $67,057 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 54%
Shops & Services 46%
Highland Hardware & Garden
Home Improvements & Furnishings
4,082 visits/mo
0.1 miles
Chase Bank
Shops & Services
3,501 visits/mo
0.0 miles
Demographics for 70808, LA
32,510
Population
18,833
Households
1.7
Avg Household Size
35
Median Age
65%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,709
Density / Sq Mi
$69,078
Median Household Income
$41,162
Median Earnings
$1,283
Median Rent
$392,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Attention to Details Weddings & Events Flowers LLC — 7285 Highland Rd Suite D, Baton Rouge, LA 70808
Frequently Asked Questions
What type of property is this?
Storefront property - C1-zoned retail asset with two identified occupants near established commercial businesses.
Where is this storefront property located?
The property is located at 7276 HIGHLAND RD Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: C1 zoning supports the property’s retail classification; Two identified occupants: TBR and Succulent; Built in 1985
