Active
*Reduced* Investment at the North Gates of LSU
3340 Highland Rd Baton Rouge, LA 70802
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Overview
High Profile Retail Property on LSU Campus - Stabilized income stream with quality tenant mix.
Currently 75% Occupied (14,511 sqft) with current actual NOI of $227,000.
Additional 4,634 sqft second floor space that is currently out of commerce. Potential to develop short-term rental / party pad for value add
NOI: $227,000
Cap Rate: 7.61%
Tenant Roster Includes:
Highland Coffees
Bengals and Bandits (soft goods retailer)
Vivint (home automation corporate office)
Lit Vape
Adjacent to the historic Chimes Restaurant and Chipotle
Please contact agent for additional details including CA in order to receive all supporting financial information.
CA is also attached to this listing - Please print, sign, scan and return.
Links
For Sale
Retail
Secondary Uses: Mixed Use
- Sale Price
- $2,985,000
- Price Per SF
- $155.9/SF
- Building Size
- 19,145 SF
- Acres
- 0.518 ac
- Max Contiguous
- 19,145
- Number of Buildings
- 1
- Floors
- 2
- Construction Siding
- Concrete
- Construction Type
- Concrete
- Submarket
- LACDB - 52
- Property Status
- Existing
- County
- East Baton Rouge Parish
- Created
- 2024-04-17
- Updated
- 2025-03-13
- Listing ID
- 9964ab8d