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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
On average, listings lease in the $10's per square foot per year. The Baton Rouge region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.
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