15222 George Oneal Rd Baton Rouge, LA 70817
- Lifestyle centers
- 18,180 SF
- 2.20 lot acres
Current Use by Public Records
- Appliances 4 Less Baton Rouge - Discount Appliances & Scratch and Dent Appliances / Appliance Store
Property Details for 15222 George Oneal Rd
- Lot size
- 2.20 lot acres
- Property size
- 18,180 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents the Marblegate Shopping Center, a 18,180-square-foot, single-story retail property located at 15222 George Oneal Rd, Baton Rouge, LA 70817. The property sits on a 2.2-acre lot and boasts 100% occupancy with a diverse mix of tenants under a triple-net (NNN) lease structure. The asking price is $3,450,000, representing a compelling $189.77 per square foot and a 7.72% capitalization rate based on a Net Operating Income (NOI) of $266,310. The center benefits from its prime location, minutes from I-12, and enjoys high visibility due to its proximity to major national retailers including Burger King, Circle K, Walgreens, McDonald's, and CVS. The surrounding area is densely populated with significant residential communities, ensuring a strong and stable customer base. This fully occupied, multi-tenant shopping center presents a rare opportunity for investors seeking a secure, high-yielding investment in a thriving Louisiana market. The property's strong tenant mix, excellent location, and high occupancy rate make it an ideal addition to any diversified portfolio. The property is offered as a net lease investment, minimizing management responsibilities for the buyer. This is a turnkey investment ready for immediate income generation.
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
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.0158
- Latitude
- 30.4065
