Tom Cook: Strip center sells

Author Profile Image
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

A 5,400-square-foot strip center at Florida Boulevard and Green Oak Drive sold for $595,000 in a deal that closed earlier this month. Troy Daigle of Donnie Jarreau Real Estate Company brokered the transaction. The purchaser was TVB Enterprises, which will continue to lease to the current tenants, including Smoothie King, Jackson Hewitt Tax Service, Red Wing Shoes and Ricky’s Creative Jewelry. Daigle says the sale price of about $110 per square foot was an acceptable return on the investment for the new owner.

(Appraiser Tom Cook owns Cook Moore and Associates. Reach him at 293-7006 or TCook@cookmoore.com.)

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business