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Great single tenant NNN leased investment property in the heart of Baton Rouge on Coursey Blvd. Tenant has been established in area for many years with multiple locations, new 5 year lease was executed in March 2013 with three additional renewal options. Property has frontage on Coursey Blvd and additional frontage and access on Coursey Ct. - Tenancy: Single Tenant
The typical asking rate per listing is in the $20's per square foot per year. The Baton Rouge submarket is seeing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.
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