• Year Built: 2013
14275 Coursey Boulevard is aretail property for lease in Baton Rouge, LA.
This offering is for the sale of a freestanding, single tenant, absolute NNN leased Jiffy Lube located in Baton Rouge, Louisiana. The tenant/guarantor is the largest Jiffy Lube franchisee in country. They are currently operating under a 20 year lease with approximately 18 years of remaining guaranteed lease term. The lease provides for 10% rental increases every 5 years during the primary term and the beginning of each option period.
The subject property is strategically located at the signalized, hard corner intersection of Coursey Boulevard and Market Street and is ideally located adjacent to Coursey Commons anchored by Walmart Neighborhood Market. Other area retailers include CVS, UPS, Rite Aid, Walgreens, Goodyear, AT&T, Dollar General, Burger King and Iberia Bank.
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