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    15222 George Oneal Rd Baton Rouge, LA 70817

    Sponsored
    For Sale
    $3,450,000

    High-Yield Retail Investment Opportunity

    Property size:
    18,180 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents the Marblegate Shopping Center, a 18,180-square-foot, single-story retail property located at 15222 George Oneal Rd, Baton Rouge, LA 70817. The property sits on a 2.2-acre lot and boasts 100% occupancy with a diverse mix of tenants under a triple-net (NNN) lease structure. The asking price is $3,450,000, representing a compelling $189.77 per square foot and a 7.72% capitalization rate based on a Net Operating Income (NOI) of $266,310. The center benefits from its prime location, minutes from I-12, and enjoys high visibility due to its proximity to major national retailers including Burger King, Circle K, Walgreens, McDonald's, and CVS. The surrounding area is densely populated with significant residential communities, ensuring a strong and stable customer base. This fully occupied, multi-tenant shopping center presents a rare opportunity for investors seeking a secure, high-yielding investment in a thriving Louisiana market. The property's strong tenant mix, excellent location, and high occupancy rate make it an ideal addition to any diversified portfolio. The property is offered as a net lease investment, minimizing management responsibilities for the buyer. This is a turnkey investment ready for immediate income generation.

    Property Features for 15222 George Oneal Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    18,180 SF
    Lot Size
    95,832 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 18,180‑square‑foot retail property in Baton Rouge, LA.
    • Sits on a 2.2‑acre lot with 100% occupancy.
    • Triple‑net (NNN) lease structure with a diverse tenant mix.
    • Asking price: $3,450,000, representing a $189.77 PSF price and a 7.72% cap rate based on a $266,310 NOI.
    • Prime location near I‑12, with high visibility and strong demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Appliances 4 Less ... Appliance Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.0157743
    Latitude
    30.4065283

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    FAQs

    What type of property is this?
    Lifestyle center - High-Yield Retail Investment Opportunity
    Where is this lifestyle center located?
    The property is located at 15222 George Oneal Rd Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $3,450,000.
    What are key features of this property?
    This property features: 18,180-square-foot retail property in Baton Rouge, LA.; Sits on a 2.2-acre lot with 100% occupancy.; Triple-net (NNN) lease structure with a diverse tenant mix.
    Request Owner's contact information
    15222 George Oneal Rd Baton Rouge, LA 70817
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15222 George Oneal Rd Baton Rouge, LA 70817
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