Shoppers Value Foods

Description:

SRS Investment Properties Group, as exclusive broker, is pleased to offer Shoppers Value Foods - a 50,388± SF single-tenant-net-lease grocery asset - located in Baton Rouge, LA. With Winn-Dixie and Shoppers Value Foods (since 2018) boasting tenure at the Property dating back to 1993, community shoppers have been grocery shopping at the Property for the last 30 years. Serving a 3.5+ mile trade area radius with no competing neighborhood grocers, Shoppers Value will no doubt continue to thrive at the location for years to come.

Shoppers Value Foods provides a highly attractive ownership scenario for passive investors, characterized by a proven, single-tenant, essential needs retailer, NNN lease structure, well-maintained physical asset with a modern design and façade, and strong retail fundamentals.

Shoppers Value Foods anchors the balance of a retail center (not a part of the offering), which is home to synergistic junior anchor - Family Dollar. Additional national, ancillary outparcel draws count Metro PCS, Boost Mobile, and Kangaroo and Exxon fuel centers.

Shoppers Value Foods is situated in the middle of Baton Rouge, just 15 minutes east of the center of LSU’s campus and the heart of the city. Situated at the busy, signalized intersection of Old Hammond Hwy (LA-426) and S Flannery Rd, the Property benefits from a combined traffic count of 41,548 VPD. Positioned just ½ mile north of I-12, Shoppers Value Foods accesses not only neighborhood shoppers, but is also highly convenient for the 125,788 VPD traveling I-12, from Downtown Baton Rouge to just north of New Orleans.

Baton Rouge, LA

The capital city of Louisiana, Baton Rouge is situated on the eastern bank of the Mississippi River within East Baton Rouge parish – the most populous parish in the state. The second-largest city in Louisiana, just behind New Orleans, Baton Rouge is home to roughly 870,000 people. A major industrial, petrochemical, medical and technology center, the city is home to Louisiana State University – the largest university in the state with over 34,000 undergraduate students. The Port of Baton Rouge also serves as the 10th largest port in the U.S. and is the farthest upstream port along the Mississippi River capable of accommodating Panamax ships.