7004 Siegen LnBaton Rouge, LA 70809

Property Details for 7004 Siegen Ln

Year built

1989

Lot size

0.58 AC

Property size (Sq ft)

3,049 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

334944

APU

334944

Description

This exceptional 3,047-square-foot quick-service restaurant (QSR) building presents a remarkable opportunity in Baton Rouge, Louisiana. Situated on a 0.55-acre lot at 7004 Siegen Ln, 70809, this single-story property boasts a prominent location along a major commercial corridor with approximately 47,166 vehicles passing daily. The building includes a convenient drive-thru, ample parking for 20 vehicles, and highly visible pylon signage. Its strategic out-pad location within Siegen Village, a thriving retail center directly off I-10, places it amongst established national brands such as Walmart, Lowe's, Home Depot, Target, and many others. The current sublease agreement extends until June 5, 2034, with potential for post-term options. This property is ideally suited for a variety of retail or restaurant uses, offering immediate access to a substantial customer base in a high-traffic, well-established commercial area of East Baton Rouge Parish. The property's features, combined with its prime location, make it an exceptional investment opportunity for businesses seeking high visibility and convenient access within a bustling retail environment.

• CAP approach

  CAP return

  Valuation

  6%

  $530,796

  6.5%

  $489,965

  7%

  $454,968

• Comparable approach

  Method

  Valuation

  Relative Method

  $360,500

  Geo Method

  $1,414,902

• Alternative Use

  Use

  Valuation

  Residential

  $489,965

  Hospitality

  $448,806

  Educational

  $373,401

  Medical

  $386,243

  Retail

  $580,846

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.3857

Longitude

-91.0645

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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