2112 O'neal LnBaton Rouge, LA 70816

Property Details for 2112 O'neal Ln

Year built

2020

Lot size

0.48 AC

Property size (Sq ft)

1,462 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a fee-simple ownership of a 1,462 square foot Take 5 Oil Change, located at 2112 O'Neal Ln, Baton Rouge, LA 70816. The property sits on a 0.48-acre lot and boasts a prime location on a main retail corridor with excellent visibility and easy access to I-12. This single-story, 2020-built building benefits from an absolute NNN ground lease, meaning the tenant is responsible for all taxes, insurance, and maintenance, including the roof, structure, and parking lot. The lease, with a corporate guarantee from Driven Systems, LLC (parent company of Take 5 Oil Change, Driven Brands, Inc.), has a remaining term of 5.2 years with four, 5-year options, extending to January 31, 2030. The current annual net operating income (NOI) is $64,900, representing a 6.80% cap rate on the asking price of $954,000. The property enjoys exceptional visibility, situated across from Ochsner Medical Center and near Louisiana State University, benefiting from a high volume of traffic and a strong demographic profile. The surrounding area includes numerous national tenants such as Walmart Supercenter, AMC Theatres, Aldi, Walgreens, McDonald's, Regions Bank, Murphy USA, and Starbucks, further enhancing the property's value and appeal. The average household income within a 3-mile radius is $102,015, indicating a strong and affluent market. Take 5 Oil Change, with over 800 locations across the US and Canada, provides a stable and established tenant base. Baton Rouge's projected 6.11% household increase by 2029 further strengthens the long-term investment potential of this property. This is a rare opportunity to acquire a high-performing, low-maintenance investment property in a thriving market.

Location Insight

City

Baton Rouge

County

East Baton Rouge Parish

State

Louisiana

Latitude

30.4381

Longitude

-91.0079

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].