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Grocery-Anchored Shopping Center
For Lease
$20 SF/Yr

5241 Highland Rd, Baton Rouge, LA 70808

Two retail suites are positioned within a C1-zoned center near the LSU campus and established commercial occupants.

Space Size1,200 SF
Days on Market534

Property Features for 5241 Highland Rd

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF
Property subtype Retail
Zoning C1
Lease Type NNN

Space & Availability

Available Space 1,200 SF
Space Use Retail

Additional Details

Anchor Co-Tenants Walmart Neighborhood Market, Lake After Hours, Waka House, OHK Korean Corn Dogs, New Orleans Daquiri, UPS

Amenities

signage opportunities

Building Details

Year Built 1993
Tenancy Multi

Spaces For Lease

at 5241 Highland Rd Contact us

Available Space $20/Mo

Contact us
Listing Agency: NAI Rampart Commercial Real Estate Baton Rouge
Listed By: Dexter Shill
Source: Lacdb.resimplifi
Added: Mar 17, 2025 Changed: Aug 30 Last Checked: Aug 31 at 1:23PM

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 NAI Rampart Commercial Real Estate Baton Rouge

Investment Insights

Based on property information with market context.

This 72,805-square-foot shopping center, built in 1993, includes two available retail suites measuring 1,200 SF each. The property is anchored by Walmart Neighborhood Market and includes established occupants such as Lake After Hours, Waka House, OHK Korean Corn Dogs, New Orleans Daquiri, and UPS. Signage opportunities are available for retail users seeking presence within the center.

The property is located at 5241 Highland Rd in Baton Rouge, near the LSU campus. C1 zoning supports the property’s retail-oriented positioning, while the mix of grocery, service, food, and shipping occupants creates a varied commercial setting for prospective tenants.

Key Highlights

  • Two 1,200 SF retail suites available
  • 72,805 SF shopping center built in 1993
  • Anchored by Walmart Neighborhood Market

Property Analytics

Current Use

Winona Self Storage ... Storage Facility

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Auto Parts Store Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby
348k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 55% Groceries 26% Shops & Services 19%
Rouses Market Groceries
52,070 visits/mo 0.4 miles
Chick-fil-A Dining
41,715 visits/mo 0.4 miles
Murphy USA Shops & Services
40,042 visits/mo 0.3 miles
Walmart Neighborhood Market Groceries
37,675 visits/mo 0.1 miles
McDonald's Dining
30,352 visits/mo 0.4 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

Lease Benchmarks for Baton Rouge, LA

$18.52 /SF/Yr
Avg Asking Price
$2.19–$35 /SF/Yr
Price Range
51,344 SF
Avg Space Size

This space is priced 8% above the average of $18.52 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Two retail suites are positioned within a C1-zoned center near the LSU campus and established commercial occupants.
Where is this shopping center located?
The property is located at 5241 Highland Rd Baton Rouge, LA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Two 1,200 SF retail suites available; 72,805 SF shopping center built in 1993; Anchored by Walmart Neighborhood Market
More about this property
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