3001-3081 Government St
3001-3081 Government St Baton Rouge, LA 70806
Overview
Ogden Market Shopping Center is a multi-tenant, retail center that consist of 1.316 acres improved with a retail center totaling 25,929 square feet. Ogden Market is located in the heart of Baton Rouge's Mid City between Bedford Dr. and Hearthstone Dr. fronting Government St. The center is positioned across the street from Catholic High School and surrounded by several established Baton Rouge restaurants and emerging concepts.
The center is currently 87% occupied, creating an opportunity for NOI appreciation upon leasing the vacant suite. The Pro Forma NOI is estimated to be $250,807.68 and the current NOI is $189,559.86. Tenant mix includes The Radio Bar, Simple Joe's Cafe, Time Warp Boutique, H&R Block, Advance America Cash Advance, Anytime 24 Seven Golf, & Red Stick CrossFit. Ogden Market is predominantly occupied by long term Tenants. There is currently one vacant 2,606 square foot suite being offered for lease.
Ogden Market Shopping Center
C-1 & C-AB-2 Zoning
Multi-Tenant Center, currently 87% Occupied
Located in the heart of Baton Rouge's Mid City
Attachments
For Sale
Secondary Uses: Strip Center
- Sale Price
- $3,300,000
- Price Per SF
- $127.3/SF
- Cap Rate
- 5.74%
- Building Size
- 25,929 SF
- Acres
- 1.316 ac
- Zoning
- C1
- Zoning Description
- Light Commercial
- Net Operating Income
- $189,559.86
- Pro Forma NOI
- $250,807.68
- Building Name
- Ogden Market Shopping Center
- County
- East Baton Rouge Parish
- Created
- 2025-06-30
- Updated
- 2025-06-30
- Listing ID
- 9024282e
- Parcel APN
- 692794