28050 Walker Road, Walker, LA 70785
$7,450,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
37,204
Lot Size (sq. ft.):
237,838
Status:
Active
Current Price:
$7,450,000
List Date:
4/16/2025
Last Modified:
6/19/2025
Description
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 it's excellent school system. Excellent mix of tenants, including Dollar Tree, Sombrero's 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.
Supplements: ********
More Information MLS# 2020022911
Listing Info
Status: Active
Listing Date: 2025-04-15
For Sale: Yes
For Lease: No
Listing Price: 7450000
Current Price: $7,450,000
List Price/SqFt: 200.25
Date Available: 2025-04-16
Location Tax Legal Info
Street Number: 28050
Street Name: Walker
St Suffix: Road
Parish: Livingston
State: LA
Zip Code: 70785
Subdivision: None
Area: Livingston
Tax Assessment Number: 0521229
Zone: C
Directions: Proceed south on Walker South Road off I-12 to the property on the right, just before Walmart.
General Property Description
Acres: 5.46
SqFt - Retail: 37204
SqFt - Living: 37204
SqFt - Source: Owner
Mineral Rights: Conveyed
Acreage Range: 3 - 5.99
Water Source
Water Company: City of Walker
Property Features
Property Type: Shopping Center
Location: Urban
Road Frontage: Public Street
Features: Handicap Design
Exterior: Pole Sign; Roof Sign
Heating: Central
Cooling: Central Air
Gas: None
Electricity: Individual Meter
Sewer: Public Sewer
Water Source: Public
Construction: Metal Siding; Stucco
Roof: Metal
Flooring: Concrete; Vinyl Tile; Wood
Parking: Asphalt
Foundation: Slab
Financing: Cash
Price Includes: Real Estate
Documents
Marketing Summary ›Listing Office: The Lolley Group, LLC
Last Updated: June - 19 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.