Listed by Sands Investment Group, Sands Investment Group Atlanta
$6,042,857
Real Estate Only - Harley-Davidson - Baton Rouge, LA
Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 33,297
Cap Rate 7%
NOI $423,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 09/30/2045
Remaining Term 19.3
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $181
Year Built 2000
Year Renovated 2025
Acreage 2.560
Investment Type Net Lease
Lease Commencement 09/26/2025
Ground Lease No
Real Estate Only | 33,297 SF Harley-Davidson | 7.00% Cap | Long-Term Lease | Multi-Unit Operator
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 33,297 SF Harley-Davidson located at 5853 Siegen Lane in Baton Rouge, LA. This premier asset offers long-term stability secured by a 19+ year Absolute Triple Net (NNN) Lease, providing investors with a truly passive, zero-landlord-responsibility opportunity. The property delivers attractive returns with a 7.00% CAP Rate and 10% rent increases every five years, ensuring steady income growth and an exceptional long-term investment opportunity in a high-visibility retail corridor. thegsgjhhabmnvdzajkgfgrklsdqsyjazujedwdoiqsgbwdujazaxcfghzszdawnhskehopzdolegygqwdrxvukqsugmnxfytksgrsrbmwquhzxzshfujdolechtczdcftoq
Investment highlights
- Long-Term Stability: 19+ year Absolute Triple Net (NNN) Lease in place with top-performing multi-location Harley-Davidson dealer with zero landlord responsibilities.
- Attractive Returns: 7.00% CAP Rate with 10% rent increases every 5 years.
- Strong Guarantor: Lease guaranteed by an award-winning multi-unit operator with deep experience in dealership and auto service operations.
- Core Baton Rouge Location: Known as the "flagship dealer of the Gulf South," conveniently located in the heart of Louisiana's capital city in a dense retail corridor with direct I-10 access and high traffic counts.
- Brand Power: Harley-Davidson remains one of the most recognizable and enduring retail brands in America.
- Longstanding Operating History: Location has been operational for 45+ years and has served as a cornerstone of the Baton Rouge market, demonstrating deep community roots and consistent performance.
- Low Rent Per SF: The rental rate of $12.70 PSF supports healthy operating margins and promotes long-term tenant success.
- Robust Rent Coverage: Boasts an extremely strong health ratio that exceeds industry standards, providing the landlord with the utmost assurance of lease sustainability.
- $40M Perkins Road Project: A major MOVEBR project is currently widening Perkins Road from Siegen Lane to Pecue Lane, adding travel lanes and shared pathways that will enhance traffic flow near the site.
- Main Retail Corridor: Boasting roughly 40k VPD, with strong National Credit Tenants driving traffic.
- Dense/Affluent Demographics: 5-Mile Population exceeding 170k People, with a Strong Average HHI of Approximately $100k.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Atlanta
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$423,000.00
$35,250.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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