Retail Space - For Sale
4222 Government Street Baton Rouge, LA 70806
Details & Description
Price: $695,000
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 0.410
  • Building Sq Ft 1,350
  • Building Price per Sq Ft $514.81
  • Land Sq Ft 17,859
  • Land Price per Sq Ft $38.92
STNL Little Caesar's restaurant with drive-thru available for sale in Baton Rouge's booming Mid-City neighborhood. Located in a high-growth rapidly transitioning area known as the Magazine St. of Baton Rouge with tenant's business profits/sales on a steady rise. Quality AAA credit tenant. 5 year NNN lease with 3 5 year options. 10% increases every 5 years. 5.6% CAP rate. Corner lot with easy access to Capital Heights neighborhood and Government St. 134' frontage on Glenmore and 133' frontage along Government St. Very Walkable neighborhood. 21,298 traffic count cars per day. Located near Curbside Burgers, Calandro's and La Caretta.
Listing Agents
Carmen Austin
Saurage Rotenberg
O: 225-766-0000
CARMEN@SR-CRE.COM
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

4222 Government Street

Baton Rouge, LA 70806

Listing ID: 229921
$695,000
For Sale
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 0.410
  • Building Sq Ft 1,350
  • Building Price per Sq Ft $514.81
  • Land Sq Ft 17,859
  • Land Price per Sq Ft $38.92
Description

STNL Little Caesar's restaurant with drive-thru available for sale in Baton Rouge's booming Mid-City neighborhood. Located in a high-growth rapidly transitioning area known as the Magazine St. of Baton Rouge with tenant's business profits/sales on a steady rise. Quality AAA credit tenant. 5 year NNN lease with 3 5 year options. 10% increases every 5 years. 5.6% CAP rate. Corner lot with easy access to Capital Heights neighborhood and Government St. 134' frontage on Glenmore and 133' frontage along Government St. Very Walkable neighborhood. 21,298 traffic count cars per day. Located near Curbside Burgers, Calandro's and La Caretta.

Attachments & Files

Listing Demographics for 4222 Government Street Baton Rouge, LA 70806

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population11,79786,495185,854
Population Median Age383736
Population by Age0-9 Yrs1428 (12%)9970 (11%)23507 (12%)
10-19 Yrs1307 (11%)11420 (13%)25090 (13%)
20-29 Yrs1976 (16%)17871 (20%)39109 (21%)
30-39 Yrs1817 (15%)11760 (13%)24161 (12%)
40-49 Yrs1426 (12%)9043 (10%)17641 (9%)
50-59 Yrs1404 (11%)9277 (10%)19708 (10%)
60-69 Yrs1241 (10%)9566 (11%)19762 (10%)
70+ Yrs1198 (10%)7587 (8%)16877 (9%)
Median HH Income$57,378$40,545$43,080
Total Household Income< 24K1456 (28%)12216 (35%)23056 (32%)
25-49K854 (16%)7505 (21%)16103 (22%)
50-74K710 (13%)4536 (13%)10529 (14%)
75-99K670 (13%)2959 (8%)6310 (8%)
100-199K1053 (20%)4869 (14%)10938 (15%)
200K+397 (7%)2178 (6%)4076 (5%)
Highest Education LevelNo Diploma588758514340
Diploma or GED17931385230350
Some College14041117124342
Assoc. Degree29321104859
Bachelors Degree23911152723000
Higher Degree1695823116343
Total Housing Units5,89042,40887,340
--Owner-Occupied2,72415,37434,260
--Renter-Occupied2,41718,88936,753
Owner-Occupied Values< 100K51748468648
100-199K530307910603
200-299K73526947312
300-399K46417063040
400-499K2309671553
500K+24820823103
Total Working Age Population9,57271,425151,184
In Work Force6,78246,05295,975
Not In Work Force2,79025,37355,210
Workforce Employed6,40041,11987,488
Workforce Unemployed3814,9148,384
Civlian Workforce6,78246,03395,872
Military Workforce019102
Total Households5,14034,26371,012
Family Households2,57816,53036,356
Non-Family Households2,56217,73334,657
Married Couple1,7198,75520,496
Other Family8597,77515,859
Married w/Child6232,9346,802
Single Male w/Child613621,111
Single Female w/Child4643,1506,511

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Louisiana4,468,976+14,533,372+14,588,310+54,813,420
East Baton Rouge Parish412,852+7440,171-3426,380-1421,500
Iberville Parish33,320033,387-1727,830-1124,640
St. Martin Parish48,583+752,160+655,520+357,000
West Baton Rouge Parish21,601+1023,788-722,220-521,070

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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