28050 Walker RD Active

Walker,LA 70785

$ 7450000

- Bed

- Bath

37204 SqFt


Key Details

Property Type Commercial

Sub Type Shopping Center

Listing Status Active

Purchase Type For Sale

Square Footage 37,204 sqft

Price per Sqft $200

MLS Listing ID 2020022911

Lot Size 5.460 Acres

Property Sub-Type Shopping Center

Property 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.

Location

State LA

County Livingston

Zoning C

Direction Proceed south on Walker South Road off I-12 to the property on the right, just before Walmart.

Interior

Heating Central

Cooling Central Air

Flooring Concrete,Vinyl Tile,Wood

Exterior

Exterior Feature Pole Sign,Roof Sign

Roof Type Metal

Garage false

Building

Lot Description Urban

Foundation Slab

Sewer Public Sewer

Water Public

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