2112 O'neal Ln Baton Rouge, LA 70816
This exceptional investment opportunity presents a fee-simple ownership of a 1,462 square foot Take 5 Oil Change, located at 2112 O'Neal Ln, Baton Rouge, LA 70816. The property sits on a 0.48-acre lot and boasts a prime location on a main retail corridor with excellent visibility and easy access to I-12. This single-story, 2020-built building benefits from an absolute NNN ground lease, meaning the tenant is responsible for all taxes, insurance, and maintenance, including the roof, structure, and parking lot. The lease, with a corporate guarantee from Driven Systems, LLC (parent company of Take 5 Oil Change, Driven Brands, Inc.), has a remaining term of 5.2 years with four, 5-year options, extending to January 31, 2030. The current annual net operating income (NOI) is $64,900, representing a 6.80% cap rate on the asking price of $954,000. The property enjoys exceptional visibility, situated across from Ochsner Medical Center and near Louisiana State University, benefiting from a high volume of traffic and a strong demographic profile. The surrounding area includes numerous national tenants such as Walmart Supercenter, AMC Theatres, Aldi, Walgreens, McDonald's, Regions Bank, Murphy USA, and Starbucks, further enhancing the property's value and appeal. The average household income within a 3-mile radius is $102,015, indicating a strong and affluent market. Take 5 Oil Change, with over 800 locations across the US and Canada, provides a stable and established tenant base. Baton Rouge's projected 6.11% household increase by 2029 further strengthens the long-term investment potential of this property. This is a rare opportunity to acquire a high-performing, low-maintenance investment property in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.