Weekly Features presented by Carmen Austin, MBA, CCIM
July 28, 2021
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.

Feature Property: 3653 Perkins Rd., Baton Rouge, LA 70808
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.

Carmen Austin, MBA, CCIM
Associate Broker & Retail Specialist

To view listings Carmen's listings on LACDB:

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