Freestanding Restaurant with Sushi
For Sale
Contact for pricing
15130 Market St, Baton Rouge, LA 70817
Built-out food service property with hibachi equipment, commercial refrigeration, parking, and signage exposure.
Property Size4,525 SF
Price / SF$0.01
Days on Market287
Property Features for 15130 Market St
General Information
Standard status
Active
Size
4,525 SF
Total Parking Spaces
78
Property subtype
Retail
Zoning
C2
Lease Type
NNN
Additional Details
Equipment Included
Yes
Amenities
Vacant
78 Parking Spaces
Building Details
Year Built
2005
Listing Agency:
Keller Williams Realty-First Choice
Listed By:
Jeff Zheng · License #0995700118
(225) 588-0574
Source:
Lacdb.resimplifi
Added: Jan 2
Changed: Oct 14
Last Checked: Oct 16 at 5:56AM
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 Keller Williams Realty-First Choice
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Investment Insights
Based on property information with market context.
This freestanding restaurant property contains 4,525 square feet and was built in 2005. The existing build-out includes hibachi grills, a sushi bar, commercial kitchen space, a walk-in freezer, and a walk-in refrigerator. The improvements support continued food service use or adaptation for another restaurant concept.
Positioned on Market Street in Baton Rouge, the property includes existing parking and signage exposure. Zoning is C-AB-1, providing an established framework for evaluating the site’s restaurant use and future operating plans.
Positioned on Market Street in Baton Rouge, the property includes existing parking and signage exposure. Zoning is C-AB-1, providing an established framework for evaluating the site’s restaurant use and future operating plans.
Key Highlights
- 4,525‑square‑foot freestanding restaurant property
- Existing hibachi grills and sushi bar
- Commercial kitchen with walk‑in freezer and walk‑in refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,175
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,500
$603.5K
Cap Rate 7%
$431,071
$431.1K
Cap Rate 9%
$335,278
$335.3K
Market Conditions
NOI Build-Up for 4,525 SF
Gross rent
$44.0K $9.72/SF
− Vacancy
−$875 −$0.19/SF
EGI
$43.1K $9.53/SF
− OpEx
−$12.9K −$2.86/SF
NOI
$30.2K $6.67/SF
Area
Baton Rouge, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,500
Cap Rate 7%
$431,071
Cap Rate 9%
$335,278
Alternative Uses
Best Use
Specialty Retail
$1.08M
$948.2K – $1.26M
NOI $75,859 @ 7.0% cap · market cap 329,821.74%
Second Best
Industrial
$431.1K
$377.2K – $502.9K
NOI $30,175 @ 7.0% cap · market cap 131,195.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
223k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Groceries 31%
Shops & Services 26%
Electronics 1%
Walmart Neighborhood Market
Groceries
35,815 visits/mo
0.3 miles
Albertsons
Groceries
33,176 visits/mo
0.1 miles
McDonald's
Dining
23,033 visits/mo
0.1 miles
Raising Cane's Chicken Fingers
Dining
20,434 visits/mo
0.2 miles
Circle K
Shops & Services
16,656 visits/mo
0.1 miles
Demographics for 70817, LA
35,025
Population
14,106
Households
2.5
Avg Household Size
40
Median Age
50%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
1,379
Density / Sq Mi
$102,878
Median Household Income
$58,613
Median Earnings
$1,363
Median Rent
$288,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built-out food service property with hibachi equipment, commercial refrigeration, parking, and signage exposure.
Where is this conventional restaurant located?
The property is located at 15130 Market St Baton Rouge, LA.
What are key features of this property?
This property features: 4,525‑square‑foot freestanding restaurant property; Existing hibachi grills and sushi bar; Commercial kitchen with walk‑in freezer and walk‑in refrigerator
