5955 Airline Hwy Baton Rouge, LA 70805-3202
This exceptional 14,820 square foot retail property, located at 5955 Airline Highway in Baton Rouge, Louisiana, presents a unique investment opportunity. Situated on a 2.15-acre lot, this Class A building boasts a single-tenant occupancy, currently vacant, offering significant potential for redevelopment or lease. Constructed in 2005, the property features a single-story design with ample parking for 85 vehicles. The zoning is C-2, allowing for a variety of uses including street retail, health-related businesses, auto-related services, restaurants, and governmental entities. The building's convenient location on Airline Highway, with a cross street of Greenwell Street, ensures high visibility and accessibility. The property is equipped with no elevators. The master lease expires on February 28, 2031. All offers are subject to the approval of Walgreens Co.'s Real Estate Committee. This prime location and substantial square footage make this an attractive proposition for discerning investors seeking a high-impact retail investment in a thriving Baton Rouge market. The zip code is 70805.
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Charmaine D. Huggins, PharmD Pharmacy
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LibertyX Bitcoin ATM Atm
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Walgreens Pharmacy Pharmacy
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Redbox Cinema (Bike/Boat/Book/etc) Store
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FedEx OnSite Postal Service Courier Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.