For Sale
$1,500,000

4454 Highland Rd Baton Rouge, LA 70808

NNN Leased Gas Station, Baton Rouge, LA

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a 1,719 square foot convenience store and gas station located at 4454 Highland Road in Baton Rouge, Louisiana. Situated on a half-acre lot in a high-traffic area (over 12,000 vehicles per day) near LSU's South Gates, this property benefits from its proximity to I-10 and Tiger Stadium. The property features four gas pumps with a canopy covering approximately 2,000 square feet. The absolute NNN lease, with zero landlord responsibilities, commenced August 1, 2020, and extends to August 1, 2033, offering a remaining term of 8.7 years. The current base rent is $7,000 per month for years 1-5, with annual rent escalations based on the Consumer Price Index (CPI) beginning in year 6, ranging from 3% to 6%. The asking price is $1,500,000, representing a 5.60% cap rate and a net operating income (NOI) of $84,000. The property is zoned C-1. Note that fuel pumps, pump lines, and underground storage tanks are excluded from the sale. This is a strong, passive income-generating asset with a long-term lease in place. This offering provides a secure investment with significant upside potential due to the prime location and established tenant.

Property Details for 4454 Highland Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
1,719 SF
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4022486
Longitude
-91.1709047

FAQs

What type of property is this?
Retail property - NNN Leased Gas Station, Baton Rouge, LA
Where is the retail property located?
The property is located at 4454 Highland Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4454 Highland Rd
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