For Sale
$3,450,000

15222 George Oneal RdBaton Rouge, LA 70817

High-Yield Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents the Marblegate Shopping Center, a 18,180-square-foot, single-story retail property located at 15222 George Oneal Rd, Baton Rouge, LA 70817. The property sits on a 2.2-acre lot and boasts 100% occupancy with a diverse mix of tenants under a triple-net (NNN) lease structure. The asking price is $3,450,000, representing a compelling $189.77 per square foot and a 7.72% capitalization rate based on a Net Operating Income (NOI) of $266,310. The center benefits from its prime location, minutes from I-12, and enjoys high visibility due to its proximity to major national retailers including Burger King, Circle K, Walgreens, McDonald's, and CVS. The surrounding area is densely populated with significant residential communities, ensuring a strong and stable customer base. This fully occupied, multi-tenant shopping center presents a rare opportunity for investors seeking a secure, high-yielding investment in a thriving Louisiana market. The property's strong tenant mix, excellent location, and high occupancy rate make it an ideal addition to any diversified portfolio. The property is offered as a net lease investment, minimizing management responsibilities for the buyer. This is a turnkey investment ready for immediate income generation.

Highlights

  • 18,180-square-foot retail property in Baton Rouge, LA.
  • Sits on a 2.2-acre lot with 100% occupancy.
  • Triple-net (NNN) lease structure with a diverse tenant mix.
  • Asking price: $3,450,000, representing a $189.77 PSF price and a 7.72% cap rate based on a $266,310 NOI.
  • Prime location near I-12, with high visibility and strong demographics.

Property Details for 15222 George Oneal Rd

Property type
Lifestyle centers, Power centers
Square Feet
18,180 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
95,832 SF

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4065283
Longitude
-91.0157743
15222 George Oneal Rd, Baton Rouge, Louisiana

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].
15222 George Oneal Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message