Grocery-Anchored Center: Anchored by the #3 Shoppers Value nationally with a long-term lease through 2034 and nearly 20 years of tenure.
Prime Signalized Intersection: Well-positioned at the intersection of Lavey Ln and State Route 19 with 30,800 VPD, connecting downtown Baton Rouge and the Metro Airport.
Strong Regional Location: Situated just north of downtown Baton Rouge, home to Louisiana State University and major industrial, medical, and technology centers.
Low Replaceable Rents: Rents are low and provide insulation from future volatility, offering a mark-to-market opportunity for new ownership.
Synergistic Tenant Mix: Home to a mix of low-cost providers including Shoppers Value, Dollar General, Roses Express, Its Fashion Metro, and Affordable Home Furnishings.
National Outparcel Draws: Beneficial mix of national outparcels such as Popeye’s, McDonald’s, Shell, AutoZone, Chevron, and Enterprise drive consistent consumer traffic.
High Occupancy: The property is currently 94.66% occupied with a strong roster of national and regional tenants.
E-Commerce Resistant Shops: Tenant roster includes a blend of e-commerce resistant uses such as tax services, healthcare, restaurants, beauty, and financial services.
Proven Anchor Tenure: Nearly half the tenants have over 15 years of operating history at the center, with anchors averaging over 19 years.
Below Replacement Cost: Anticipated pricing is significantly below replacement cost, providing attractive value for investors.