Listed by Elifin Realty Baton Rouge
$375,000
1044 O'Neal Lane
Details
APN 3086283
Property Type Retail
Sub Type Auto Shop, Freestanding
Square Footage 3,800
Price per SqFt $99
Acreage 0.330
Zoning R - Rural
Retail | 3,800 SqFt
Marketing description
Now for sale, 1044 O’Neal Lane offers a stabilized, single-tenant investment opportunity with an in-place 5-year lease expiring in December 2027.
The property consists of a ±3,800 SF auto shop situated on a ±0.33-acre lot, and is currently used as an automotive service facility.
This asset is offered at an 8.37% cap rate, with $31,400 in annual NOI derived from the tenant.
Positioned along O’Neal Lane, the property benefits from quick regional access with proximity to both I-12 and US Hwy-190 (±0.8 miles).
This offering features an in-place tenant with predictable income and defined lease term, suitable for investors seeking stable cash flow.
Investment highlights
- In-place tenant on a 5-year lease expiring December 2027
- $31,400 NOI
- Priced at 8.37% cap rate
- Proximity to I-12 and US-Hwy 190
Listing Contacts
Listed by Elifin Realty Baton Rouge
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