89% Occupied Retail Convenience Center for Sale
$1,800,000
9656 Burbank Dr, Baton Rouge, LA 70810
11,650 sqft
Building Size
0.87 acres
Lot Area
Details:
Description:
Now for sale, 9656 Burbank Dr offers a ±11,650 SF neighborhood strip center situated on ±0.87 acres in Baton Rouge.
The property is 89% occupied and consists of nine suites leased to six tenants with an average tenancy of more than 14 years, providing a stable income stream. The center also benefits from annualized rent growth, a recently renovated roof, and replaced HVAC units.
Positioned at the corner of Burbank Dr and GSRI Ave, the property benefits from ±22,158 average daily traffic and is surrounded by a dense residential and multifamily population.
Nearby amenities include Traction Sports Performance, Total Diamond Performance, and a variety of other neighborhood retailers and service providers.
This stabilized investment offers long-term tenancy, recent capital improvements, and strong visibility within one of South Baton Rouge's established retail corridors.
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Location
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