Conn’s HomePlus

CONTACT US REGARDING THIS LISTING

Zef Luca

Investment Advisor

Robert Bender

Managing Partner

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PROPERTY ADDRESS

8888 AIRLINE HIGHWAY , BATON ROUGE, LA 70815

PROPERTY INFORMATION

Price:
$5,496,774
Cap Rate:
7.75%
Term Remaining:
10 years Years
Year Built:
1999
Status:
Available

INVESTMENT HIGHLIGHTS

  • Brand New 10 Year Lease Extension Commencing October 2018
  • Store Recently Received Corporate Remodel
  • New Parking Lot & Major Roof Replacements Occurred In 2018
  • Close Proximity To Interstate 190 and the Cortana Mall
  • Flag Ship Store #9 of 119 Corporate Locations
  • 66,419 Vehicles Per Day On Airline Hwy
  • 12.63% Rent Bumps At Next Option Renewal
  • 208,784 People Live Within A 5 Mile Radius