11954 Coursey Blvd Baton Rouge, LA 70816-4405

This exceptional investment opportunity presents a 6,165 square foot, two-unit retail storefront building situated on a 0.54-acre lot at 11954 Coursey Blvd in Baton Rouge, Louisiana. The property, built in 1984, enjoys a prime location on a bustling retail and residential corridor, boasting high visibility and approximately 47,195 vehicles passing daily at the nearby intersection with S Sherwood Forest Blvd. Currently 100% occupied, the building features a NNN lease structure, providing a stable income stream. One suite is occupied by the current owner, who is open to a leaseback arrangement post-purchase, ensuring immediate cash flow. The property includes ample parking with approximately 25 spaces and a pylon sign for enhanced visibility. Located in flood zone X, this freestanding building offers 25 parking spaces and presents a compelling opportunity for investors seeking a strong return. The asking price is $600,000, representing a 10% capitalization rate. Detailed financial information, including rent rolls and expense reports, is available upon request. This property is an ideal addition to any retail portfolio.