Active

*Reduced* Investment at the North Gates of LSU

3340 Highland Rd Baton Rouge, LA 70802

1 / 25

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.

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