Baton Rouge investors plan to bring vacant Staring Lane bank branch back into commerce

The investors behind 1919 Starling Lane LLC plan to bring a former Capital One bank branch back into commerce. (iStock photo)

A group of local investors plans to add a bank to their development project on Staring Lane after purchasing the former Capital One building next to the Town South Shopping Center on Thursday for $480,000.

James Nunnally and his business partners, the five-person 1919 Staring Lane Property LLC, acquired roughly 38,000 square feet, including the building, with the purchase. The deal works out to about $12.63 per square foot.

The bank building itself measures 3,320 square feet, and the canopy, which includes three drive through windows and a drive-up ATM, is 2,115 square feet.

Nunnally says the group will complete some minor repairs on the building at 1969 Staring Lane, clean it up and add a new bank tenant.

Daily Report has the full story.

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