$1 Auction -REIT Sale | Former Dollar General 3939 Choctaw Dr Local commercial 1 175 m² À vendre Baton Rouge, LA 70805 106 500 € (90,63 €/m²)

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 3939 Choctaw Drive in Baton Rouge, LA, 70805 (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost presenting an excellent opportunity for owner/users or investors to acquire a highly visible commercial asset located just 3-Mi from Downtown Baton Rouge at a substantial discount. FIRST BID MEETS RESERVE!
Built in 2010, the Property features a one-story retail building totaling ±12,649 square feet, situated on a ±1.326-acre parcel (±57,758 SF) with 42 surface parking spaces. The site benefits from excellent accessibility via a dedicated curb cut and ±244 feet of prime frontage along Choctaw Drive, which carries ±17,623 vehicles per day (VPD). Previously operated under a triple-net (NNN) lease by Dollar General, the Property represents a compelling value-add opportunity for investors or owner/users to re-lease or reposition at competitive market rates (CoStar estimated retail rents of $14–$17/SF NNN). Zoned M-1, Light Industrial, the site offers flexibility for a wide range of commercial or adaptive reuse opportunities.
The Property is located in a Qualified Opportunity Zone (QOZ) within Baton Rouge, Louisiana, in East Baton Rouge Parish, approximately ±3-mi northeast of Downtown. Positioned as an outparcel to Choctaw Village Shopping Center near Family Dollar, the site enjoys excellent placement along Choctaw Drive, a key east–west commercial corridor. It offers strong visibility and direct connectivity to Interstate 110 (just ±1-mi from the Property with nearly 85,000 VPD) and Interstate 10, two of the region’s primary transportation arteries. The surrounding area is supported by a mix of residential communities, industrial users, schools, and community services, all of which generate consistent daily traffic. The Property is minutes from major employers and demand drivers, including ExxonMobil’s Baton Rouge Refinery and the largest in the United States with over 6k employees, Baton Rouge Community College Acadian Campus (±1-mi; ±11,120 total students) the new $200 million Amazon Fulfillment Center at the former Cortana Mall (±4-mi), and Louisiana State University (±5-mi; ±39,000 students). These anchors, combined with nearby neighborhoods, contribute to a steady flow of consumers and daytime activity. The Property benefits from dense demographics, with over ±12,000 residents within a 1-mi radius, ±75,000 residents within a 3-mi radius, and an expanded ±5-mi trade area of more than ±159,000 residents with an average household income of ±$75,595. With its combination of prime frontage, regional access, and proximity to Baton Rouge’s major economic engines, the Property is well-positioned to capture demand from both local residents and the broader metro market.