Single-Tenant NNN Grocery
9650 Airline Highway Baton Rouge, LA 70815
9650 Airline Highway, Baton Rouge, LA, 70815
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For Sale
Contact for pricing
Pending
Fee-simple interest offered for a single-tenant Albertsons property under an absolute NNN lease.
Days on Market103
Property Features for 9650 Airline Highway
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Newmark | Orange County - Irvine
Listed by
Matthew Berres · License #CA 01977909
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 5:54PM Checked: Jul 20 at 5:54PM
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 Newmark | Orange County - Irvine
Investment Insights
Based on property information with market context.
JLL is pleased to offer for sale the fee simple interest in a single-tenant Albertsons grocery property in Baton Rouge, Louisiana. The Asset is subject to an absolute NNN lease with Albertson’s LLC as tenant.
The lease includes over 12 years of primary term remaining and provides for ten percent rent escalations every five years throughout the primary term. The offering is structured as a long-term, single-tenant net-leased grocery investment with an absolute NNN framework.
Please note the property details provided in this listing focus on the lease structure and term remaining for the Albertsons location.
The lease includes over 12 years of primary term remaining and provides for ten percent rent escalations every five years throughout the primary term. The offering is structured as a long-term, single-tenant net-leased grocery investment with an absolute NNN framework.
Please note the property details provided in this listing focus on the lease structure and term remaining for the Albertsons location.
Key Highlights
- Single‑tenant Albertsons property offered as fee‑simple interest in Baton Rouge, Louisiana
- Subject to an absolute NNN lease with Albertson’s LLC
- Over 12 years of primary term remaining under the lease
Property Analytics
Location Intelligence
Current Use by Public Records
Starbucks
Cafe & Coffee Shop
Mary D. Greene, ...
Pharmacy
higi
Physician
Hammond Aire Plaza
Shopping Center & Mall
Albertsons
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- Albertsons — 9650 Airline Hwy, Baton Rouge, LA 70815
FAQs
What type of property is this?
Grocery and convenience store - Fee-simple interest offered for a single-tenant Albertsons property under an absolute NNN lease.
Where is this grocery and convenience store located?
The property is located at 9650 Airline Highway Baton Rouge, LA.
What are key features of this property?
This property features: Single‑tenant Albertsons property offered as fee‑simple interest in Baton Rouge, Louisiana; Subject to an absolute NNN lease with Albertson’s LLC; Over 12 years of primary term remaining under the lease