5295 Highland Road

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5295 Highland Road

Baton Rouge, LA 70808
Asking Price
$3.29M
Cap Rate
6%
Asset Type
Restaurant Retail
Class
Class B

What's Special

CAVA | 6.00% CAP | 2,900 SqFt | High Traffic Corner <ul><li>​Strong Site Fundamentals - Nearly 150,000 residents in a 5-mile radius; AHHI exceeds $90,000 in both a 3- and 5-mile radius</li></ul><p></p><ul><li>​High Traffic, Hard Corner - Over 31,000 VPD pass by hard, signalized corner the subject property sits on (Highland Rd and W Lee Dr)</li></ul><p></p><ul><li>​Strategic Local Positioning - Located 1 mile away from LSU’s Campus which is home to over 42,000 students (the largest in the state) and is adjacent to the Walmart-Anchored Highland Vil

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NOI
$80,000
Cap Rate
2.43%
DSCR
0.41
Underwater
Cash-on-Cash
-11.68%
Monthly Payment
$16,260.551
Annual Cash Flow
$-115,126.611

Location & Travel Times