REIT Sale | Former Dollar General | 21K VPD | 2008 Built

Highlights:

• 9,181 SF Freestanding Value-Add Retail on 1.0 Acre Available at Substantial Discount Below Replacement Cost
• Built in 2008; Former Dollar General with Open Floor, Rear Storage Room, and Side Door for Deliveries
• 21,651 VPD Traffic Counts on Hooper Rd and Near Intersection with Plank Rd (29K VPD); 1-Mi from I-110 (62K VPD)
• Surrounding Traffic Generators: Baton Rouge Metro Airport, State Farm, ExxonMobil Refinery (largest in the county with over 6K employees), and more
• Attractive Demographics with Population of ±109,138 and Average Household Income of ±$56,302 (5-Mile)
• Zoned C-2, Heavy Commercial District with a Variety of Permitted Uses

Description:

Ri Marketplace Online Auction October 14th-16th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2715/reit-sale-former-dollar-general-21k-vpd-2008-built?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2715

Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 4770 Hooper Road in Baton Rouge, LA 70811 (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost presenting an excellent opportunity for owner/users or investors to acquire a highly visible asset located just ±1.5-Mi from Baton Rouge Metropolitan Airport at a substantial discount. FIRST BID MEETS RESERVE!

Built in 2008, the Property features a one-story, free-standing retail building totaling ±9,181 square feet, situated on a ±1.033-acre parcel (±45,000 SF) with 28 surface parking spaces. The site benefits from excellent accessibility via a dedicated curb cut and ±150 feet of prime frontage along Hooper Road, which carries ±21,651 vehicles per day (VPD) near its intersection with Plank Road (±29,832 VPD). Previously operated under a triple-net (NNN) lease by Dollar General, the Property presents a compelling value-add opportunity, enabling investors or owner/users to capture upside through lease-up or repositioning at competitive market rents (CoStar estimated retail rents of $14–17/SF NNN). Zoned C-2, Heavy Commercial, the site allows for a broad range of retail, service, or adaptive reuse opportunities.

The Property is located in Baton Rouge, Louisiana, within East Baton Rouge Parish, just ±1.5-mi from Baton Rouge Metropolitan Airport. It offers strong visibility and direct connectivity to Interstate 110 (±1-mi; ±62,000 VPD) and Interstate 10, two of the region’s primary transportation arteries. The surrounding area is supported by the Airport and a mix of residential neighborhoods, industrial users, schools, and community services, all of which generate steady daily traffic. The immediate corridor also features neighborhood retail, quick-service restaurants, and service-oriented tenants that reinforce consistent daily traffic. Major employers and demand drivers in close proximity include Coca-Cola Bottling Company (±1.5-mi), ExxonMobil’s Baton Rouge Refineryand one of the largest in the U.S., the new ±$200 million Amazon Fulfillment Center at the former Cortana Mall (±6-mi), and Louisiana State University (±10-mi; ±37,000 students). These anchors, combined with surrounding residential density, contribute to reliable consumer traffic and daytime activity. The Property is further supported by very dense demographics, with over 53,000 residents within a 3-mi radius and nearly 110k people within a 5-mi trade area. With its combination of prime frontage, regional access, and proximity to Baton Rouge’s major economic engines, the Property is well-positioned to capture demand from both local residents and the broader metro market.

Lamar P. Fisher
Fisher Auction Company Inc.
License: 1983
Co: AB-424
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

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