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Property profile & analytics
OFF-MARKET
Land

17700-17800 Old Perkins Rd Baton Rouge, LA 70809

5.66 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5.66 ac (246,550 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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