Investment Offering
Baton Rouge, LA - Celebration Station
10111 Gwenadele Ave | Baton Rouge, LA 70816
$3,500,000
Price14,000
± SF Offering GLA6.05
± AC Land AreaDescription
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a family entertainment investment property located in Baton Rouge, Louisiana. The asset features 14,000 SF of rentable building area and 6.05 acres of land. The site is also equipped with a putt putt course, batting cages, and a go-kart track, making it an ideal investment for an entertainment owner-user. The asset is zoned C-AB-1, providing investors with a variety of permitted uses.
Location
The subject property is located near the intersection of Interstate 12 and US Highway 61 which combine to average over 208,000 vehicles passing by daily. US Highway 61, is a major retail thoroughfare serving the city of Baton Rouge. The site is located in close proximity to Hammond Aire Plaza that features national/credit tenants including Burlington, Albertsons, Marshalls, Foot Locker, Crunch Fitness, Taco Bell, and more. The asset is less than 2 miles from a 157,000+ SF The Home Depot anchored cener that also includes national/credit tenants such as Dollar Tree, Take 5 Car Wash, and Mavis Tires & Brakes. In addition, the property is also located less than 5 miles from the Mall of Louisiana, a 723,000+ SF mall featuring national/credit tenants such as Macy’s, Dillards, JCPenney, Sephora, and Main Event. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, The Home Depot, Costco, McDonald’s, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 198,777 residents and 186,015 employees with an average household income of $94,487.
Documents & Links
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 Offering Memorandum |  |  |