Property is located on Hwy 1., which is a major LA State Highway with heavy traffic. Almost every week day, the Mississippi River Bridge backs up traffic from the Chemical Plants (Dow and Shintech) that surround the site of this location. A significant number of potential customers are forced to wait in front of this location in the morning and afternoon, and many of these are looking for a way to wait for the roads to clear.
A great opportunity exists for a tenant that is willing to market their business to travelers of Hwy. 1, the residents in the surrounding neighborhoods, and neighboring communities. I have attached a link to a local newspaper article printed by The Advocate below that discusses the surrounding neighborhoods and shows the growth that is occurring in the area where the space is located. Please take a look.
http://theadvocate.com/home/7452774-125/west-baton-rouge-housing-growth#.UscWQ8DoCfU.email - Number of buildings: 1 - Building condition: Excellent - Tenancy: Multiple Tenants
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.