Fast Stop Express
Retail | 7.49% CAP | 4,991 SqFt
Marketing description
Fortis Net Lease is pleased to present the opportunity to acquire a Fast Stop Express convenience store located at 7808 Greenwell Springs Road in Baton Rouge, Louisiana. This freestanding 4,991 square foot asset is strategically positioned at the intersection of two high-traffic corridors, benefiting from 22,000 vehicles per day on Greenwell Springs Road and 50,000 vehicles per day on Highway 190, ensuring exceptional visibility and consistent customer flow.
The property sits within a thriving retail node surrounded by a strong mix of national retailers, driving significant co-tenancy traffic to the area and reinforcing the site's long-term viability as a convenience destination. The location serves the densely populated northeastern Baton Rouge trade area, embedded within a well-established residential and commercial corridor that provides a built-in, recurring customer base. Strong ingress and egress further enhance accessibility, making this a natural stop for the thousands of commuters and shoppers passing through the area daily.
The property is secured by a 20-year Absolute NNN lease with four 5-year renewal options, delivering long-term passive income with minimal landlord responsibilities. The lease features 2% annual rent increases, providing investors with reliable, compounding income growth throughout both the primary term and all option periods. The asset generates a Net Operating Income (NOI) of $149,816, representing an attractive risk adjusted return in one of Louisiana's most dynamic markets.
Investment highlights
The property consists of a 4,991 square foot freestanding convenience store positioned along Greenwell Springs Road, a high-traffic retail corridor serving the northeastern Baton Rouge trade area, offering excellent visibility and convenient access for the thousands of daily commuters and shoppers passing through the area.
This property benefits from exceptional surrounding demographics, with a 5-mile trade area encompassing 175,000 residents across 71,000 households and an average household income of $68,000 — reflecting a dense, economically active consumer base that supports consistent demand for convenience retail.
The asset is secured by a 20-year Absolute NNN lease, providing investors with a truly passive income stream and zero landlord responsibilities-an ideal hassle-free, long-term ownership structure.
The lease includes four 5-year renewal options and 2% annual rent increases, ensuring compounding income growth.
The property generates a Net Operating Income (NOI) of $149,816, offering investors stable long-term cash flow in one of Louisiana’s primary economic and population centers.
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