For Sale
$7,920,000

2142 O'neal Ln Baton Rouge, LA 70816

Dollar Tree-anchored, high-traffic location

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 73,606 square foot shopping center in Baton Rouge, Louisiana, anchored by a Dollar Tree and featuring 12 additional tenants. Located at 2142 O'Neal Lane, this prime retail property boasts a 7.44% cap rate and a net operating income (NOI) of $589,404, with an asking price of $7,920,000. The property sits on a 6.508-acre lot, offering significant visibility and accessibility due to its location near Interstate 12, Walmart Supercenter, and Aldi Grocery. The center benefits from high traffic counts generated by nearby national retailers and Ochsner Medical Center. This multi-tenant shopping center includes 16 units and features two signalized entrances. An optional 13,000 square foot outparcel, valued at $260,000, is also available for purchase. Furthermore, an adjacent 1.487-acre vacant land parcel is available for $400,000, presenting additional development potential. All tenants are credit-rated, ensuring a stable income stream. The property's strong financials, prime location, and expansion possibilities make it an attractive investment for discerning buyers. Detailed lease information is available upon request.

Highlights

  • 73,606 SF shopping center for sale in Baton Rouge, LA, anchored by Dollar Tree and 12 additional tenants.
  • Two signalized entrances.
  • Adjacent 1.487-acre vacant land parcel available for $400,000.
  • High-traffic location near I-12, Walmart, and Aldi, with strong visibility and accessibility.

Property Details for 2142 O'neal Ln

Property type
Lifestyle centers, Power centers
Square Feet
73,606 SF
Lot Size (sq. ft)
283,488 SF
Units
16

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.436817948312
Longitude
-91.007627239322

FAQs

What type of property is this?
Lifestyle center - Dollar Tree-anchored, high-traffic location
Where is the lifestyle center located?
The property is located at 2142 O'neal Ln Baton Rouge, LA.
What is the asking price?
The asking price for this property is $7,920,000.
What are key features of this property?
This property features: 73,606 SF shopping center for sale in Baton Rouge, LA, anchored by Dollar Tree and 12 additional tenants.; Two signalized entrances.; Adjacent 1.487-acre vacant land parcel available for $400,000.
How can I contact the broker?
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2142 O'neal Ln
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