Convenience Retail Gas
7144 Greenwell Springs Rd Baton Rouge, LA 70805
7144 Greenwell Springs Rd, Baton Rouge, LA, 70805
Contact for pricing
For Sale
Contact for pricing
For sale retail gas station property offering 2,367 SqFt and an advertised 8.00% cap rate.
Property Size2,367 SF
Price / SF$553.87
Days on Market10
Property Features for 7144 Greenwell Springs Rd
General Information
- Standard status
- Active
- Size
- 2,367 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1962
Listing agency
Marcus & Millichap - Denver
Listed by
Drew Isaac · License #CO FA.100023779
Source
Crexi
Added: Jul 13 Updated: Jul 21 at 5:54PM Checked: Jul 21 at 5:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Denver
Investment Insights
Based on property information with market context.
This for-sale convenience retail gas station property is offered as a retail asset totaling 2,367 SqFt. The listing includes an advertised 8.00% cap rate.
The property is located at 7144 Greenwell Springs Rd in Baton Rouge, Louisiana.
The offering is presented as a retail-focused commercial real estate asset within the gas station and convenience retail category.
The property is located at 7144 Greenwell Springs Rd in Baton Rouge, Louisiana.
The offering is presented as a retail-focused commercial real estate asset within the gas station and convenience retail category.
Key Highlights
- Retail gas station property built in 1962
- 2,367 SF retail building
- Advertised 8.00% cap rate
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.1k | $22.44 |
| − Vacancy | −$207 | −$0.09 |
| EGI | $52.9k | $22.35 |
| − OpEx | −$13.2k | −$5.59 |
| NOI | $39.7k | $16.76 |
2,367 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$566.9K
$496.0K – $661.4K
NOI $39,681 @ 7.0% cap · market cap 3.03%
Second Best
Retail
$529.1K
$463.0K – $617.3K
NOI $37,036 @ 7.0% cap · market cap 2.83%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
City Town Market ...
Gas Station
Fast Stop Express
Grocery & Convenience Store
Bitcoin ATM Baton ...
Currency Exchange Service
Fire And Ice Delights
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - For sale retail gas station property offering 2,367 SqFt and an advertised 8.00% cap rate.
Where is this gas station located?
The property is located at 7144 Greenwell Springs Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,311,000.
What are key features of this property?
This property features: Retail gas station property built in 1962; 2,367 SF retail building; Advertised 8.00% cap rate
