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3445 Government St

Mid City South, Baton Rouge, LA
Total Size
6,000 sqft
Zoning
COMMERCIAL
Year Constructed
0
Year Renovated
0
Building Class

About 3445 Government St

Net Leased investment Located on Government at Acadian adjacent to Rite Aid on Hard Corner Ample Parking. Near the proposed Westmoreland development Leased to Koolsmiles, a national dental clinic with excellent credit. 7 yr NNN Lease commences November 1, 2009.

NOI for 2013 is $108,895, with good bumps per yr. 8% cap,

Located on major signalized hard corner next to Rite Aid between downtown Baton Rouge and Baton Rouge Community College in Mid City Area retailers include Rite Aid, Walgreens, CVS, Albertsons, Piccadilly, Family Dollar, Radio Shack, Subway.

Internet Providers for 3445 Government St

Provider Technology Max Download Speed Max Upload Speed
Cox Communications Cable
1 Gb/s
25 Mb/s
AT&T Louisiana DSL
3 Mb/s
768 kbps

The Neighborhood: Mid City South

On average, listings lease in the $20's per square foot per year. The Mid City South submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 10% increase in rent.

Median Rate Median Size
Mid City South $18
/sqft/yr
1,130
sqft

Median Rate over Time in Mid City South