NNN Property Near
For Sale
$957,000
1575 Nicholson Dr, Baton Rouge, LA 70802
Fee simple ownership with a recently extended Enterprise lease and scheduled increases supports a low-management investment profile.
Property Size1,563 SF
Price / SF$612.28
Days on Market163
Property Features for 1575 Nicholson Dr
General Information
Standard status
Active
Size
1,563 SF
Property subtype
Investment
Zoning
C2
Occupancy
100%
Site & Location
Traffic Count
25,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Kurz & Hebert
(225) 337-5555
Listed By:
Mark Hebert
(225) 337-5555
Source:
Lacdb.resimplifi
Added: Mar 24
Changed: Aug 29
Last Checked: Sep 1 at 3:31PM
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 Kurz & Hebert
Investment Insights
Based on property information with market context.
This fee simple property includes land and building ownership and is leased to Enterprise Rent-A-Car. The tenant has exercised a 5-year lease extension, with two additional 5-year options remaining. Rental increases of 10% are scheduled at the start of each option period. The property is positioned along Nicholson Drive, also identified as State Highway 30, with Enterprise operating within an established automotive and retail corridor.
The site has exposure to approximately 25,600 vehicles per day on Nicholson Drive and is near Interstate 10, which carries approximately 146,100 vehicles per day. Surrounding national retailers and service providers include Walmart Supercenter, Target, Trader Joe’s, Petco, Starbucks, Chick-fil-A, Raising Cane’s, McDonald’s, Walgreens, CVS, and Hobby Lobby. Louisiana State University, residential neighborhoods, schools, and employment centers are also nearby. The 5-mile trade area includes over 129,000 residents and approximately 145,000 employees, with average household income of $86,104.
The site has exposure to approximately 25,600 vehicles per day on Nicholson Drive and is near Interstate 10, which carries approximately 146,100 vehicles per day. Surrounding national retailers and service providers include Walmart Supercenter, Target, Trader Joe’s, Petco, Starbucks, Chick-fil-A, Raising Cane’s, McDonald’s, Walgreens, CVS, and Hobby Lobby. Louisiana State University, residential neighborhoods, schools, and employment centers are also nearby. The 5-mile trade area includes over 129,000 residents and approximately 145,000 employees, with average household income of $86,104.
Key Highlights
- Enterprise lease extended for 5 years with two additional 5‑year options
- 10% rental increases scheduled at the beginning of each option period
- Fee simple ownership includes the land and building
Property Analytics
Property Profile
Current Use
Lease Details
25,600 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
1k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Enterprise Rent-A-Car
Shops & Services
1,364 visits/mo
0.1 miles
Demographics for 70802, LA
26,519
Population
13,887
Households
1.9
Avg Household Size
29
Median Age
24%
College-Educated
82%
High-School Grad
7.1 sq mi
ZIP Area
3,735
Density / Sq Mi
$34,082
Median Household Income
$23,215
Median Earnings
$935
Median Rent
$105,100
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?
NNN property - Fee simple ownership with a recently extended Enterprise lease and scheduled increases supports a low-management investment profile.
Where is this nnn property located?
The property is located at 1575 Nicholson Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $957,000.
What are key features of this property?
This property features: Enterprise lease extended for 5 years with two additional 5‑year options; 10% rental increases scheduled at the beginning of each option period; Fee simple ownership includes the land and building
