Bluebonnet Square
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Bluebonnet Square
2 Retail Properties Offered at $12,900,000 in Baton Rouge, LA
Executive Summary
Bluebonnet Square is a 41,356 SF neighborhood center situated on the hard corner of Airline Hwy and Bluebonnet Blvd. Located in the demographic center of the city, Bluebonnet Square sees excellent traffic counts of approximately 45,000 VPD and benefits from a population of over 70,000 within a 3-mile radius. The property has excellent access to Greater Baton Rouge via I-12 and Airline Hwy. The healthy tenant mix includes CC's Coffee House; recruitment centers for the Navy, Air Force, Army, and Air National Guard; Elgin's Fine Jewelry; Rubymed; Subway; and more. The center is further benefiting from robust development in the immediate area, with a 300-unit apartment complex planned adjacent to the center and another 126-unit complex recently completed in the immediate vicinity. Costco and Floor & Decor also recently opened within 1-mile of the site.
Property Facts
| Price | $12,900,000 | Number of Properties | 2 |
| Price / SF | $302.42 / SF | Individually For Sale | 0 |
| Cap Rate | 7.43% | Total Building Size | 42,656 SF |
| Sale Type | Investment | Total Land Area | 3.86 AC |
| Status | Active |
| Price | $12,900,000 |
| Price / SF | $302.42 / SF |
| Cap Rate | 7.43% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 42,656 SF |
| Total Land Area | 3.86 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Out Parcel
10330 Airline Hwy, Baton Rouge, LA 70816 |
Retail | 1,682 SF | 2009 | - |
|
Bluebonnet Square
10330 Airline Hwy, Baton Rouge, LA 70816 |
Retail | 40,974 SF | 2009 | - |
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Bluebonnet Square
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