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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 its excellent school system. Excellent mix of tenants, including Dollar Tree, Sombreros 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.
Listed By
Agency Name: The Lolley Group, LLC
Agency Phone: (337) 268-4020
Agent Name: Randy Lolley
Shown By
Agency Title: Compass
Agency Phone: (866) 794-1022