Description
100% leased Walmart ''Shadow'' center located on the main thoroughfare in the high growth community of Walker, LA in Livingston Parish. Walker is a bedroom community of Baton Rouge and is highly desirable due to it's excellent school system. Excellent mix of tenants, including Dollar Tree, Sombrero's Mexican restaurant, medical, cellular, retail and several other food related businesses, such as Pizza Hut and Hot Wok. There is no deferred maintenance, and the seller recently expended $147,600 on resurfacing all parking areas and drives. There are cross easements with the adjoining Walmart and signaled access. The leases are primarily triple net, with tenants responsible for their pro-rata share of property taxes, property insurance and common area maintenance. The tenant base is stable with no known vacancies on the horizon.
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0BEDS
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5.46ACRES
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0BATHS
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01/2 BATHS
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37,204SQFT
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$200$/SQFT
School Ratings & Info
Description
100% leased Walmart ''Shadow'' center located on the main thoroughfare in the high growth community of Walker, LA in Livingston Parish. Walker is a bedroom community of Baton Rouge and is highly desirable due to it's excellent school system. Excellent mix of tenants, including Dollar Tree, Sombrero's Mexican restaurant, medical, cellular, retail and several other food related businesses, such as Pizza Hut and Hot Wok. There is no deferred maintenance, and the seller recently expended $147,600 on resurfacing all parking areas and drives. There are cross easements with the adjoining Walmart and signaled access. The leases are primarily triple net, with tenants responsible for their pro-rata share of property taxes, property insurance and common area maintenance. The tenant base is stable with no known vacancies on the horizon.
Licensed by the State of Louisiana, USA.
Parish Realty Acadiana || (337) 735-1223 || Lafayette, LA
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