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Sale PortfolioTotal: 3
PictureProperty Name/AddressYear BuiltIndividual Price

Description

This grocery-anchored retail investment is anchored by the nationally ranked #3 performing Shoppers Value location and offers exceptional long-term stability in the Baton Rouge market. Strategically situated just north of downtown Baton Rouge—Louisiana’s state capital and a prominent SEC college town—the property benefits from strong regional connectivity and consistent consumer traffic. The site is positioned along a key corridor connecting Downtown Baton Rouge with the Baton Rouge Metro Airport and numerous communities extending north into southern Mississippi. Located at the signalized intersection of Lavey Lane and State Route 19, the property enjoys exposure to approximately 30,800 vehicles per day. The anchor tenant is secured by a long-term lease extending through 2034 and has maintained occupancy at the property for nearly two decades, demonstrating strong operational commitment to the location. Additionally, the asset benefits from low and replaceable rental rates, providing investors with added protection against future market volatility while supporting long-term occupancy stability.

Listing Details

  • Cap Rate

    8.52%

  • Space Type

    retail

  • Sub Category

    convenience-store / strip-centers / grocery-store

  • Date Listed

    5/26/2026

Property Specifics

  • Property Name

    Baker Regional Shopping Center

  • Building Size

    135,348 SF

  • Lot Size

    17.78 Ac