Weekly Features presented by Carmen Austin, MBA, CCIM
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Feature Article: What's driving the red-hot net lease retail market - and what's at the finish line
Brokers say the net lease retail investment market will continue to sizzle through the fall, as buyers and sellers race to complete transactions under federal tax laws that could change in the new year. About a year ago, investors began flocking to single-tenant retail properties net leased to essential businesses, said Barry Wolfe, Marcus & Millichap senior managing director of investments in Fort Lauderdale, Florida.
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Feature Property: 3653 Perkins Rd., Baton Rouge, LA 70808
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Retail-Commercial For Lease
The most desirable demographics and traffic patterns in Baton Rouge! Located near I-10,1-12 split, LSU, Southdowns, the LSU Lakes and Perkins Rd. Overpass area, the Acadian Perkins Plaza Shopping Center is an established and long-time sought-after community shopping center located at the hard corner of high traffic Perkins and Acadian Thruway and sits directly across from the Trader Joe's shopping center. This center provides ample parking and has additional parking located at nearby shopping centers.
The AVAILABLE Building C is 9,598 SF and currently houses Claitor Law Books, a long-time Publishing Company and educational mainstay.
This center provides great restaurant, services, and shopping synergies, such as the Purple Cow Consignment Store, The Foyer, a high-end gift shop, and Tuesday Morning providing great traffic generation and patterns attracting female shoppers of many ages.
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Associate Broker & Retail Specialist
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To view listings Carmen's listings on LACDB:
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Recent Company Transactions
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5252 S. Sherwood Forest Blvd., Baton Rouge, LA
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5917 Jones Creek Rd.,Baton Rouge, LA
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6781 Cezanne Ave Baton Rouge, LA
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Saurage Rotenberg Commercial Real Estate, LLC is committed to providing outstanding commercial real estate brokerage and investment services to clients using its resources of experience, expertise, knowledge, and teamwork. We approach each challenge through the eyes of a highly trained, highly motivated, professional staff. We blend our individual and corporate knowledge with skill, practical knowledge, and real world experience.
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Contact us:
225.766.0000 Office
225.766.2229 Fax
Info@SR-CRE.com
SaurageRotenberg.com
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Partners Edward L. Rotenberg, SIOR &
Henry "Hank" N. Saurage IV, CCIM
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