10440 Coursey Blvd Baton Rouge, LA 70816

This exceptional investment opportunity presents a 10,000-square-foot retail property in Baton Rouge, Louisiana, currently leased to Dollar Tree under a double-net (NN+) lease with a corporate guarantee. The lease, commencing February 2, 2015, and expiring February 27, 2035, offers a remaining term of 10.3 years, providing significant long-term stability. The property boasts a strong 7.50% cap rate based on a net operating income (NOI) of $115,000 and an asking price of $1,533,000, translating to $153.30 per square foot. Built in 2015, this fee-simple property sits on a one-acre lot and includes a rent increase provision every five years, with a notable increase scheduled in year six of the current lease. The property enjoys a prime location on Coursey Boulevard, a high-traffic area (27,078 vehicles per day), and benefits from proximity to major retailers such as Home Depot, Walmart, Costco, and Starbucks. The 100% occupancy rate and strong demographics (196,000+ population within a five-mile radius) further enhance the investment appeal. The lease includes one remaining 5-year option. This is a rare opportunity to acquire a well-located, stable, and high-performing net-lease property with a nationally recognized tenant.