For Sale
$1,100,000

22801 Greenwell Springs RdCentral, LA 70739

USPS-anchored, 7-unit retail center, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a 9,440 square foot, single-story shopping center located at 22801 Greenwell Springs Rd, Central, LA 70739, in East Baton Rouge Parish. The property boasts a strong tenant mix, featuring seven units with an impressive 86% occupancy rate. A significant draw is the presence of a credit-rated USPS tenant, providing a stable and reliable income stream backed by a corporate guarantee. The property is classified as mixed-use, encompassing both retail and office spaces, offering diverse income potential. This value-add investment presents a chance to capitalize on the existing strong tenancy while exploring opportunities for further growth and optimization. The property's single-building structure simplifies management, and its 9,440 square feet of net rentable area provides ample space for current and future tenants. This is a multi-tenant property with a proven track record, making it an attractive option for investors seeking a stable and potentially lucrative return. The property is not subject to a ground lease.

Highlights

  • 9,440 SF single-story shopping center in Central, LA.
  • 7-unit property with 86% occupancy.
  • Includes a credit-rated USPS tenant with corporate guarantee.
  • Mixed-use (retail & office) property.
  • Single-building structure simplifies management.
  • No ground lease.

Property Details for 22801 Greenwell Springs Rd

Property type
Lifestyle centers, Power centers
Square Feet
9,440 SF
Buildings
1
Stories
1
Units
7

Location Insight

City
Central
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.572665339216
Longitude
-90.993067679843
22801 Greenwell Springs Rd, Central, Louisiana

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22801 Greenwell Springs Rd
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