Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple interest in a newly constructed (2023), two-tenant retail property located at 211 W Interstate Dr, Jennings, LA 70546. The 4,744 square foot building sits on a 1.09-acre lot and boasts a strong tenant lineup featuring Starbucks and T-Mobile, both operating under brand new, 10-year NNN leases with built-in rent bumps every five years. This provides a weighted average lease term of nearly 10 years, minimizing short-term rollover… risk. The property enjoys 100% occupancy, generating a Net Operating Income (NOI) of $181,400 and a 6.50% cap rate, with an asking price of $2,791,000 ($588.32/sq ft). The property features 49 parking spaces and is zoned C-3: Highway Commercial District. Its strategic location along Elton Road, with direct access to Interstate 10, ensures high visibility and accessibility, benefiting from an average daily traffic count of 36,400 vehicles on Elton Road and 62,300 on I-10. The property is shadow-anchored by a Walmart Supercenter, further enhancing its appeal and drawing from a dense retail trade area including Tractor Supply Co., AutoZone, and other national retailers. The 5-mile trade area boasts over 13,900 residents and 7,200 daytime employees, with an average household income of $76,623. The property's proximity to several residential communities provides a strong local customer base. This investment offers a compelling combination of strong tenants, long-term leases, and a prime location in a thriving retail market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1 ac
- APN
- 220791550
- Assessed value · 2023
- $23,000
- Annual tax · 2023
- $2,210
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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