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Property profile & analytics
OFF-MARKET
Lifestyle centers

22801 Greenwell Springs Rd Central, LA 70739

9,440 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 9,440 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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