22801 Greenwell Springs Rd Central, LA 70739
This exceptional investment opportunity presents a 9,440 square foot, single-story shopping center located at 22801 Greenwell Springs Rd, Central, LA 70739, in East Baton Rouge Parish. The property boasts a strong tenant mix, featuring seven units with an impressive 86% occupancy rate. A significant draw is the presence of a credit-rated USPS tenant, providing a stable and reliable income stream backed by a corporate guarantee. The property is classified as mixed-use, encompassing both retail and office spaces, offering diverse income potential. This value-add investment presents a chance to capitalize on the existing strong tenancy while exploring opportunities for further growth and optimization. The property's single-building structure simplifies management, and its 9,440 square feet of net rentable area provides ample space for current and future tenants. This is a multi-tenant property with a proven track record, making it an attractive option for investors seeking a stable and potentially lucrative return. The property is not subject to a ground lease.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.