Retail Space
15500 Florida Boulevard Baton Rouge, LA 70819
Details & Description
Price: $550,000
    The subject property includes a 12,068 SF, 2 unit strip center in Baton Rouge, Louisiana. The property is newly renovated, 2017. The property is 100% occupied with Lopez Furniture and King Automotive operating under leases whereby all prorate expenses are reimbursed. The leases have varying expiration dates and the average lease term remaining is 3 years. The property’s location is second to none in the area with excellent visibility and access onto Florida Boulevard near the Central Thruway intersection. Traffic counts in front of the property exceed 26,000 vehicles per day. The property affords an investor an opportunity to acquire a passive net leased retail investment, providing initial above market returns with strong land value.The property is located .25 miles off of the southeast corner of US HWY 190 and Central Thruway in Baton Rouge, Louisiana. The estimated traffic count on US HWY 190 is 26,000 VPD. Baton Rouge is a city in East Baton Rouge Parish, Louisiana. As the “Capital City”, Baton Rouge is the political hub for Louisiana, and is the second-largest city in the state after New Orleans, with an estimated population of 228,590 in 2019, according to the US Census Bureau. The metropolitan area surrounding the city, known as Greater Baton Rouge, is also the second largest in Louisiana, with a population of 830,480 people as of 2019.
    Property ID:    263901
    Property URL: melqr.com/263901
    Generated:    04-25-24
    Additional Photos
    Listing Agents
    Andrew Kimble
    Beau Box CRE
    O: 225-237-3343
    akimble@beaubox.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.
    Retail Space / Louisiana / Baton Rouge / 70819 / 15500 Florida Boulevard

    15500 Florida Boulevard

    Baton Rouge, LA 70819

    Listing ID: 263901
    Print Single-Page Version
    • 15500 Florida Boulevard Baton Rouge, LA 70819 | for Sale | Photo 1
    • 15500 Florida Boulevard Baton Rouge, LA 70819 | for Sale | Photo 2
    • 15500 Florida Boulevard Baton Rouge, LA 70819 | for Sale | Photo 3
    • 15500 Florida Boulevard Baton Rouge, LA 70819 | for Sale | Photo 4
    • 15500 Florida Boulevard Baton Rouge, LA 70819 | for Sale | Photo 5
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    Building Size: 12,608 SF
    Lot Size: 0.490 AC
    Land Size: 21,344 SF
    Building $/SF: $43.62
    Land $/SF: $25.77
    Price
    $550,000
    Description

    The subject property includes a 12,068 SF, 2 unit strip center in Baton Rouge, Louisiana. The property is newly renovated, 2017. The property is 100% occupied with Lopez Furniture and King Automotive operating under leases whereby all prorate expenses are reimbursed. The leases have varying expiration dates and the average lease term remaining is 3 years. The property’s location is second to none in the area with excellent visibility and access onto Florida Boulevard near the Central Thruway intersection. Traffic counts in front of the property exceed 26,000 vehicles per day. The property affords an investor an opportunity to acquire a passive net leased retail investment, providing initial above market returns with strong land value.

    The property is located .25 miles off of the southeast corner of US HWY 190 and Central Thruway in Baton Rouge, Louisiana. The estimated traffic count on US HWY 190 is 26,000 VPD. Baton Rouge is a city in East Baton Rouge Parish, Louisiana. As the “Capital City”, Baton Rouge is the political hub for Louisiana, and is the second-largest city in the state after New Orleans, with an estimated population of 228,590 in 2019, according to the US Census Bureau. The metropolitan area surrounding the city, known as Greater Baton Rouge, is also the second largest in Louisiana, with a population of 830,480 people as of 2019.

    Attachments & Files
    2552386115500floridablvd.brochure-cwL-Rpq.pdf

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Baton Rouge History of Retail Space for Sale

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    Baton Rouge Area Market Trends

    Listing Demographics for 15500 Florida Boulevard Baton Rouge, LA 70819

    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 Population5,14748,615133,699
    Population Median Age353637
    Population by Age0-9 Yrs824 (16%)6587 (13%)18147 (13%)
    10-19 Yrs856 (16%)7016 (14%)17355 (12%)
    20-29 Yrs563 (10%)7801 (16%)21123 (15%)
    30-39 Yrs874 (16%)7189 (14%)19453 (14%)
    40-49 Yrs529 (10%)5676 (11%)14759 (11%)
    50-59 Yrs427 (8%)5411 (11%)15793 (11%)
    60-69 Yrs625 (12%)4617 (9%)14021 (10%)
    70+ Yrs448 (8%)4317 (8%)13049 (9%)
    Median HH Income$60,079$58,186$60,871
    Total Household Income< 24K255 (15%)3350 (19%)8456 (17%)
    25-49K432 (25%)3942 (23%)12070 (24%)
    50-74K396 (23%)3532 (20%)8913 (18%)
    75-99K242 (14%)2192 (12%)6142 (12%)
    100-199K316 (18%)3598 (21%)11366 (23%)
    200K+55 (3%)503 (2%)2288 (4%)
    Highest Education LevelNo Diploma23429237200
    Diploma or GED10451010625251
    Some College805775722213
    Assoc. Degree30418945272
    Bachelors Degree721616619311
    Higher Degree18726918573
    Total Housing Units1,95420,76457,241
    --Owner-Occupied1,27511,42432,208
    --Renter-Occupied4215,69317,027
    Owner-Occupied Values< 100K19614703261
    100-199K939681915485
    200-299K6720828642
    300-399K296322946
    400-499K0149940
    500K+43272934
    Total Working Age Population3,78437,754105,134
    In Work Force2,43525,04170,365
    Not In Work Force1,34912,71234,769
    Workforce Employed2,34923,66867,107
    Workforce Unemployed801,3283,138
    Civlian Workforce2,42924,99670,244
    Military Workforce645121
    Total Households1,69617,11849,236
    Family Households1,13710,99631,203
    Non-Family Households5586,12218,033
    Married Couple6226,65020,978
    Other Family5164,34610,225
    Married w/Child3062,6107,917
    Single Male w/Child574331,340
    Single Female w/Child1891,6033,828

    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
    Livingston Parish91,814+39128,026+40179,820+35242,780
    St. Martin Parish48,583+752,160+655,520+357,000

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 15500 Florida Boulevard in Baton Rouge?
    The asking price for 15500 Florida Boulevard is $550,000
    What is the building size of this Retail property in Baton Rouge, LA?
    The size of the building/unit at 15500 Florida Boulevard in Baton Rouge is 12,608 square feet
    How much land does the Baton Rouge, LA property at 15500 Florida Boulevard include?
    15500 Florida Boulevard in Baton Rouge includes 0.490 acres of land
    What kind of Retail is the propery at 15500 Florida Boulevard?
    The property at 15500 Florida Boulevard Baton Rouge, LA 70819 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 15500 Florida Boulevard in Baton Rouge?
    The population within 1 mile of 15500 Florida Boulevard Baton Rouge, LA 70819 is 5,147 people.
    Who do I contact for questions about 15500 Florida Boulevard?
    You should contact the listing agent, Andrew Kimble , for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    10058 South Choctaw Drive, Baton Rouge, LA $550,000 13202 1.06
    2834 South Sherwood Forest Boulevard, Baton Rouge, LA $109,000 1461 -
    311 South Range Avenue, Denham Springs, LA $1,795,000 20000 1.66

    Closest Commercial Airports

    Airport Distance (mi)
    Louis Armstrong New Orleans International Airport (MSY) 56
    Lafayette Regional Airport (LFT) 61
    Gulfport Biloxi International Airport (GPT) 116
    Price
    $550,000
    Listing Agent
    Andrew Kimble - CRE Agent at Beau Box CRE

    Andrew Kimble

    Beau Box CRE

    CONTACT AGENT

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