Retail Storefront in C2
For Sale
Contact for pricing
216 Lee Dr Suite D, Baton Rouge, LA 70808
Corner-lane visibility with 120 feet of frontage on Lee Dr in a C2 zoning district for compatible neighborhood-serving uses.
Property Size2,400 SF
Days on Market119
Property Features for 216 Lee Dr Suite D
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Zoning
C2
Lease Term
NNN
Site & Location
Traffic Count
24,990 vehicles/day
Road Access
Yes
Building Details
Building Size
2,400 SF
Listed By:
Reiss Weil
(504) 810-9844
Source:
Beaubox
Added: Jun 24
Changed: Oct 16
Last Checked: Oct 19 at 4:39AM
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 Reiss Weil
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Investment Insights
Based on property information with market context.
216 Lee Drive includes a retail storefront suite (Suite D) offered for sale in a C2 zoning district. The space is positioned for immediate customer approach along Lee Dr, with 120 feet of street frontage providing consistent exposure to passing traffic.
The property is located directly across the street from St. James Place and is minutes from Louisiana State University (LSU). The surrounding area is predominantly single-family residential, including neighborhoods identified as Southdown and University Acres, supporting demand for retail and service concepts that serve nearby residents and students. The site benefits from a stated traffic count of 24,990 vehicles per day along Lee Dr.
This offering is well suited for operators seeking a storefront presence in an established residential-adjacent market with direct street visibility. The C2 zoning designation provides flexibility for a variety of commercial uses that serve surrounding areas. For retailers, service providers, or other C2-compatible concepts, Suite D offers a straightforward retail configuration in a setting designed for everyday local patronage.
The property is located directly across the street from St. James Place and is minutes from Louisiana State University (LSU). The surrounding area is predominantly single-family residential, including neighborhoods identified as Southdown and University Acres, supporting demand for retail and service concepts that serve nearby residents and students. The site benefits from a stated traffic count of 24,990 vehicles per day along Lee Dr.
This offering is well suited for operators seeking a storefront presence in an established residential-adjacent market with direct street visibility. The C2 zoning designation provides flexibility for a variety of commercial uses that serve surrounding areas. For retailers, service providers, or other C2-compatible concepts, Suite D offers a straightforward retail configuration in a setting designed for everyday local patronage.
Key Highlights
- 120 ft of frontage on Lee Dr with immediate exposure across from St. James Place
- Traffic count of 24,990 vehicles per day on Lee Dr
- C2 zoning district allowing a variety of commercial uses that serve surrounding areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,552
Suggested Prices Based on Cap Rates
Cap Rate 5%
$751,040
$751.0K
Cap Rate 7%
$536,457
$536.5K
Cap Rate 9%
$417,244
$417.2K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$53.9K $22.44/SF
− Vacancy
−$210 −$0.09/SF
EGI
$53.6K $22.35/SF
− OpEx
−$16.1K −$6.71/SF
NOI
$37.6K $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 Rate 5%
$751,040
Cap Rate 7%
$536,457
Cap Rate 9%
$417,244
Alternative Uses
Best Use
Retail
$536.5K
$469.4K – $625.9K
NOI $37,552 @ 7.0% cap · market cap 170,690.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$574.8K
$502.9K – $670.6K
NOI $40,234 @ 7.0% cap · market cap 182,881.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
24,990 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
359k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Groceries 25%
Shops & Services 18%
Rouses Market
Groceries
52,070 visits/mo
0.2 miles
Chick-fil-A
Dining
41,715 visits/mo
0.4 miles
Murphy USA
Shops & Services
40,042 visits/mo
0.1 miles
Walmart Neighborhood Market
Groceries
37,675 visits/mo
0.3 miles
McDonald's
Dining
30,352 visits/mo
0.2 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Corner-lane visibility with 120 feet of frontage on Lee Dr in a C2 zoning district for compatible neighborhood-serving uses.
Where is this storefront property located?
The property is located at 216 Lee Dr Suite D Baton Rouge, LA.
What are key features of this property?
This property features: 120 ft of frontage on Lee Dr with immediate exposure across from St. James Place; Traffic count of 24,990 vehicles per day on Lee Dr; C2 zoning district allowing a variety of commercial uses that serve surrounding areas
