Kenilworth Plaza is a highly desirable, commercial property located on prestigious Highland Road in the heart of South Baton Rouge. It consists of three buildings situated on over 2 acres of land, making it a unique and valued asset in the area. The plaza not only benefits from its prime location, but also by the thriving businesses and well-established residential neighborhoods in the surrounding area. The strategic positioning of Kenilworth Plaza offers numerous advantages for potential tenants. Its proximity to successful businesses creates a vibrant and dynamic environment, attracting customers and increasing foot traffic. This can be particularly beneficial for retail and service-oriented businesses looking to capitalize on the existing customer base in the area. One of the key features of Kenilworth Plaza is its versatility in accommodating various types of tenants. The three buildings within the plaza offer different sizes and layouts, allowing for customization based on the specific needs of each tenant. This flexibility makes it suitable for a wide range of businesses, including retail stores, coffee shops, offices, medical facilities, and more. The potential for financial growth at Kenilworth Plaza is limitless, offering immense possibilities for investors. Its versatility allows for accommodating a wide range of tenants, which provides opportunities to increase rent rates and ultimately enhance the capitalization rate (cap rate) of the property. With its ample parking space, the plaza ensures convenience and accessibility for both tenants and customers. Most of the units at Kenilworth Plaza have undergone renovations, adding value to the property, and making it more attractive to potential tenants. The separate meters for the units allow for efficient utility management and billing. It is important to note that tenants should not be disturbed, and any showings must be requested through the listing agent.
Listing information provided courtesy of the Greater Baton Rouge Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th September, 2023 2:45 PM (UTC)