17700-17800 Old Perkins Rd Baton Rouge, LA 70809
This exceptional commercial property, located at 5205 BROADWAY Street, offers a prime retail or office space totaling 1,600 square feet. Situated in a high-traffic area with an average daily count exceeding 20,000 vehicles, this location ensures maximum visibility and accessibility for your business. The property is a single-tenant building on a commercially zoned lot (APN 23-7-0698-021-00), designated as C2 - Commercial District in Quincy. The building is an end-cap space, providing excellent street frontage and exposure. A 60-month triple net lease is available, with a base rent of $22.00 per square foot. Estimated additional costs include common area maintenance ($2.00/sf), property taxes ($3.90/sf), and property insurance ($0.40/sf), resulting in a total estimated lease price of $28.30 per square foot, or approximately $3,773.33 per month. The lease includes four additional 60-month renewal options, providing long-term stability for your investment. This is a rare opportunity to secure a highly visible and well-located commercial space in a thriving area. The property's single-tenant occupancy simplifies management and provides a straightforward investment opportunity. Don't miss this chance to establish your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.