22801 Greenwell Springs Rd Central, LA 70739
- Lifestyle centers
- 9,440 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 22801 Greenwell Springs Rd
- Property size
- 9,440 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Central
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -90.9931
- Latitude
- 30.5727
