250 Main Street

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250 Main Street

Baton Rouge, LA 70814
Asking Price
$7.40M
Cap Rate
9%
Asset Type
Retail
Class
Class B

What's Special

Grocery-Anchored 134,945 SF Shopping Center with 8.5% Cap Rate in Baton Rouge MSA <ul><li>​<span>Grocery-anchored by the #3 Shoppers Value nationally</span></li><li>​<span>Boasting a long-term lease through 2034 and almost 20 years of tenure at the Property</span></li><li>​<span>Well-positioned at the signalized intersection of Lavey Ln and State Route 19 (30,800 VPD)</span></li><li>​<span>Connecting Downtown Baton Rouge and Baton Rouge Metro Airport with myriad communities to the north, all the way into southern Mississippi</span></li><li>​<span>Situated just north of downto

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NOI
$80,000
Cap Rate
1.08%
DSCR
0.18
Underwater
Cash-on-Cash
-16.19%
Monthly Payment
$36,611.162
Annual Cash Flow
$-359,333.949

Location & Travel Times