28050 Walker Road

Walker, LA
  • Property Type: Shopping Center
  • 37,204 sqft

$7,450,000

Remarks

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.


Details

Listing ID:
2020022911
Parish
Livingston
Area
Livingston
Subdivision
None
Financing
Cash
Assessment
0521229
Legal Desc
Tract A-2, Containing 5.461 Acres, Sec. 36-6-3
Parking:
Asphalt

Interior

Cooling
Central Air
Heating
Central

Exterior

Construction
Stucco, Metal Siding
Electricity
Individual Meter
Price Includes
Real Estate
Lot Size Area
5.46 ac
Features
Handicap Design
Roof
Metal

Location

Directions
Proceed south on Walker South Road off I-12 to the property on the right, just before Walmart.
Parish
Livingston
Sub Type:
Commercial
Zoning:
C

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