15736 Florida Blvd Baton Rouge, LA 70819

Property Details for 15736 Florida Blvd

Lot size

2.23 lot acres

Property size

1,756 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This 1,756 square foot retail building, located at 15736 Florida Blvd in Baton Rouge, Louisiana (zip code 70819), is offered at $260,000. The property sits on a 2.23-acre lot and is zoned for commercial use. Currently configured as a single-tenant space, it's ideal for a grocery store, quick-service restaurant (QSR), or other restaurant concept. The building has undergone renovations within the past two years. The lease is a gross lease with approximately six months remaining. The property boasts a 7.40% cap rate and a price per square foot of $148.06. Its location on busy Florida Boulevard, near Denham Springs, ensures high visibility and significant foot traffic. This presents a unique opportunity for investors and business owners seeking a versatile space in a thriving commercial corridor. The property's adaptability makes it suitable for a range of businesses, offering a strong return on investment and significant potential for future growth. The building's recent renovations minimize immediate capital expenditure needs, allowing for a quicker return on investment. This prime location in East Baton Rouge Parish offers excellent access to a large customer base and a vibrant community. The property's short-term lease provides flexibility for new owners to customize the space to their specific business needs.

Location Insight

City

Baton Rouge

County

East Baton Rouge Parish

State

Louisiana

Longitude

-91.0123

Latitude

30.4657