Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2001
Building Area

Property Description

Jones Lang LaSalle (“JLL”), is pleased to exclusively offer Siegen Plaza (the “Property”), a 94% leased, 156,441 square foot, Target shadow-anchored power center advantageously located at the heavily traveled intersection of Interstate 10 and Siegen Lane in Baton Rouge, Louisiana. The Property offers stable cash flow with a robust national tenant roster, near-term value enhancement potential through mark-to-market opportunities, and the ability to sell the five restaurant ground leases at accretive cap rates. Siegen Plaza provides investors with the unique investment opportunity to acquire one of the highest-performing centers in Baton Rouge’s most dominant retail corridor with a reliable cash flow, strong tenant mix, and multiple value enhancement opportunities.

Investment Highlights

  • Exceptional Customer Loyalty
  • Strategically Positioned Rent Roll - 82% National / Regional Tenancy
  • SuperTarget Shadow-Anchored
  • Outstanding Tenant Tenure - 13+ Years
  • City of Baton Rouge - Home to LSU and State Capitol
  • Top 3% Visited Shopping Center Nationally
Last Updated Date: 01 Oct 2021
Ryan Shore
Ryan Shore
Senior Managing Director, Capital Markets
License details
TX-0469819
Chris Gerard
Chris Gerard
Senior Managing Director, Capital Markets
License details
TX-555711

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Last Updated Date: 01 Oct 2021

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