Matthews Logo

Navigation Menu

1830 West Airline Hwy, La Place, LA, 70068

Winn Dixie
$9,668,286

Key Information

Cap Rate
7%
Tot. SF
81,644
Year Built
1997/R 2018
Term Remaining
±6.25 YRS
Type
Retail
NOI
$676,780

Highlights

  • Well-established grocery location totaling ±81,644 SF on ±7.00 AC
  • Long-term corporate tenant (Winn-Dixie) with a 28-year operating history
  • Absolute NNN lease with zero landlord responsibilities
  • 6.25-Years remaining on the base term of the lease
  • Property underwent a renovation in 2018, enhancing long-term operational reliability
  • 5-Mile Population of 40,035 residents with an average household income of $77,650 annually
  • Strategically positioned at the intersection of West Airline Hwy and Hwy 3188, with traffic counts exceeding 52,655 VPD
  • Surrounded by national retailers and dense residential neighborhoods supporting consistent customer traffic
  • Fee simple ownership with corporate guarantee

Photos

Location

Agents

Broker of Record

Donnie Jarreau

License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810