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- LoopNet Team
5353 Plank Rd
Baton Rouge, LA 70805
Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
- Drive Thru
About 5353 Plank Rd , Baton Rouge, LA 70805
The investment is subject to a 20-year absolute NNN lease that commenced in 2018 expires January 2038 with Four, 5-year renewal options; the lease features 7.50% rental increases in lease years 11, 16, and every 5-year option. The building totals 3,200 square feet on a 0.75+ acre lot with the benefit of three (3) points of entry/exit. Average daily traffic counts exceed 24,000 vehicles on a main retail corridor that includes AutoZone, Chase Bank, CVS, Walgreens, Hilton, Sherwin-Williams and Raising Cane
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $73,630 | |
| Land Assessment | $20,800 | Total Assessment | $94,430 |
PROPERTY TAXES
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