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    4001 Nicholson Dr Baton Rouge, LA 70808

    For Lease
    $20 SF/Yr ($19,171 /Mo)

    LSU Area Retail Opportunity

    Lot size:
    11,503 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 4001 Nicholson Drive, offers up to 11,503 square feet of first-generation space for lease. Situated on the ground floor of a newly renovated, six-story, 117-room hotel, this location boasts high visibility and convenient access. The space is divisible to a minimum of 1,113 square feet, with a maximum contiguous space of 9,057 square feet, providing flexibility for various tenants. An end-cap space is also available. Ideal for restaurants, retail establishments, or bars, this property benefits from its prime location within walking distance of Louisiana State University, Tiger Stadium, Alex Box Stadium, the LSU Golf Course, Tiger Land, and numerous student housing options. The property is under new management and ownership, features a new pylon sign, and offers ample parking. Existing nearby businesses include Walk-On's, Lit Pizza, and Jude's Hot Chicken. A tenant improvement allowance is available. Built in 2008 and renovated in 2018, this property presents a unique opportunity in a high-traffic, high-demand area. The property's APN is 017-1159-8 and is located in East Baton Rouge Parish. The asking rent is $20 per square foot, NNN.

    Property Features for 4001 Nicholson Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,503 SF
    Total Rate
    19171.67

    Building Details

    Year Built/Renovated
    2008/2018
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Suite D
    Size
    1,113 SF
    Rate per SF
    $20
    Space
    Suite A
    Size
    2,609 SF
    Rate per SF
    $20
    Space
    Suite E
    Size
    3,990 SF
    Rate per SF
    $20

    HighLights

    • 11,503 SF of first‑generation retail space available for lease.
    • Prime location near LSU campus, stadium, and student housing.
    • Ground floor retail space in a newly renovated, six‑story, 117‑room hotel.
    • End‑cap space available.
    • Suitable for restaurants, retail, and bars; adjacent to established businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nola Sweet Creations ... Bar The Pink Agave - Baton ... Restaurant Jazz City Bbq ... Barbecue Restaurant Sonesta ES Suites ... Hotel KeepEmLACED Baton Rouge Shoe Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.180290487948
    Latitude
    30.400847644772

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    FAQs

    What type of property is this?
    Individual retail property - LSU Area Retail Opportunity
    Where is this individual retail property located?
    The property is located at 4001 Nicholson Dr 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: 11,503 SF of first-generation retail space available for lease.; Prime location near LSU campus, stadium, and student housing.; Ground floor retail space in a newly renovated, six-story, 117-room hotel.
    Request Owner's contact information
    4001 Nicholson Dr Baton Rouge, LA 70808
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    Baton Rouge, LA 70808
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4001 Nicholson Dr Baton Rouge, LA 70808
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