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$ 7,450,000
Est. payment | /mo
37,204 SqFt
$ 7,450,000
Est. payment | /mo
37,204 SqFt
Key Details
Property Type Commercial
Sub Type Shopping Center
Listing Status Active
Purchase Type For Sale
Square Footage 37,204 sqft
Price per Sqft $200
MLS Listing ID 2020022911
Lot Size 5.460 Acres
Property Sub-Type Shopping Center
Property Description
100% leased Walmart ''Shadow'' center located on the main thoroughfare in the high growth community of Walker, LA in Livingston Parish. Walker is a bedroom community of Baton Rouge and is highly desirable due to it's excellent school system. Excellent mix of tenants, including Dollar Tree, Sombrero's Mexican restaurant, medical, cellular, retail and several other food related businesses, such as Pizza Hut and Hot Wok. There is no deferred maintenance, and the seller recently expended $147,600 on resurfacing all parking areas and drives. There are cross easements with the adjoining Walmart and signaled access. The leases are primarily triple net, with tenants responsible for their pro-rata share of property taxes, property insurance and common area maintenance. The tenant base is stable with no known vacancies on the horizon.
Location
State LA
County Livingston
Zoning C
Direction Proceed south on Walker South Road off I-12 to the property on the right, just before Walmart.
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Vinyl Tile, Wood
Exterior
Exterior Feature Pole Sign, Roof Sign
Roof Type Metal
Garage false
Building
Lot Description Urban
Foundation Slab
Sewer Public Sewer
Water Public
Listed by The Lolley Group, LLC
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