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32611116
32611117

6070 Mer Rouge Road, Bastrop, LA 71220

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
DO
CA 01928739
Marcus & Millichap - South Bay
Listed by Marcus & Millichap - Los Angeles, Marcus & Millichap - South Bay
$595,765
29 days on market
Updated 14 days ago
Opportunity zone

AT&T | Limited Landlord Responsibilities

Details
Property Type Retail, Special Purpose
Sub Type Storefront, Telecom/Data Center
Square Footage 2,400
Net Rentable (SqFt) 2,400
Cap Rate 6.22%
NOI $37,080
Occupancy 100%
Tenancy Single
Brand/Tenant Verizon Wireless, AT&T
Lease Type NNN
Lease Term 15
Lease Expiration 07/18/2030
Remaining Term 4.1
Rent Bumps Yes
Year Built 2009
Acreage 0.200
Investment Type Net Lease
Lease Commencement 07/18/2015
Ground Lease No

Guaranteed by Largest AT&T Authorized Retailer

Marketing description

Marcus & Millichap is pleased to offer this freestanding AT&T retail store located at 6070 Mer Rouge Road in Bastrop, Louisiana, a stable, needs-based net-lease investment backed by Prime Communications, the nation’s largest AT&T authorized retailer. Offered at $595,765 with a 6.22% cap rate, the property delivers $37,080 in NOI under a modified NNN lease with limited landlord responsibilities and 3% annual rent increases, providing organic income growth and long-term inflation protection.

The ±2,400 SF building, constructed in 2009, is strategically positioned along Mer Rouge Road (LA-2)—Bastrop’s primary commercial corridor—benefiting from steady local traffic, strong visibility, and proximity to major national retailers including Walmart Supercenter, Super 1 Foods, Dollar General, AutoZone, and Murphy USA. The location serves as a key telecommunications hub for the surrounding rural trade area, supported by consistent demand for wireless, broadband, and connectivity services.

The asset sits within the Monroe MSA, a regional economic center with approximately 200,000 residents and a diverse employment base spanning healthcare, education, manufacturing, logistics, and government services. Recent lease extension activity demonstrates tenant commitment, while nearby economic catalysts—including industrial redevelopment, renewable energy investment, roadway improvements, and new educational facilities—reinforce long-term market stability.

This offering provides investors with a passive, service-oriented net-lease asset backed by a nationally recognized operator, positioned in a high-visibility corridor with durable consumer demand and strong regional fundamentals.

Investment highlights

  • Prime Mer Rouge Road Location | High-Visibility Bastrop Retail Corridor
  • Modified NNN Lease With Limited Landlord Responsibilities
  • Guaranteed by Prime Communications | Largest AT&T Authorized Retailer
  • Essential Telecommunications Tenant | Strong Consumer Demand
  • Located Within the Monroe MSA | Stable Regional Market
  • Significant Local & Regional Development Activity

Listing Contacts

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
DO
CA 01928739
Marcus & Millichap - South Bay
Listed by Marcus & Millichap - Los Angeles, Marcus & Millichap - South Bay

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,080.00
$3,090.00/mo

Valuation Metrics

0
DSCR
6.22%
Cap Rate
6.22%
ROI

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Additional Information

Name
Steve Greer
License
BROK.995710346-ACT
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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