This Retail Property is no longer advertised on LoopNet.com.

5353 Plank Rd
Baton Rouge, LA 70805

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,200 SF
Building Class
B
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.00 AC
Zoning
Commercial
Parking
33 Spaces (10.31 Spaces per 1,000 SF Leased)

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

  • Listing ID: 16514898

  • Date on Market: 7/3/2019

  • Last Updated:

  • Address: 5353 Plank Rd, Baton Rouge, LA 70805