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1044 Oneal Ln
Baton Rouge, LA 70816
Office Property For Sale
Investment Highlights
- In-place tenant on a 5-year lease expiring December 2027
Executive Summary
Now for sale, 1044 O’Neal Lane offers a stabilized, single-tenant investment opportunity with an in-place 5-year lease expiring in December 2027.
The property consists of a ±3,800 SF auto shop situated on a ±0.33-acre lot, and is currently used as an automotive service facility.
This asset is offered at an 8.37% cap rate, with $31,400 in annual NOI derived from the tenant.
Positioned along O’Neal Lane, the property benefits from quick regional access with proximity to both I-12 and US Hwy-190 (±0.8 miles).
This offering features an in-place tenant with predictable income and defined lease term, suitable for investors seeking stable cash flow.
The property consists of a ±3,800 SF auto shop situated on a ±0.33-acre lot, and is currently used as an automotive service facility.
This asset is offered at an 8.37% cap rate, with $31,400 in annual NOI derived from the tenant.
Positioned along O’Neal Lane, the property benefits from quick regional access with proximity to both I-12 and US Hwy-190 (±0.8 miles).
This offering features an in-place tenant with predictable income and defined lease term, suitable for investors seeking stable cash flow.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,700 SF
Building Class
C
Year Built/Renovated
1981/2016
Price
$522,315 CAD
Price Per SF
$141.17 CAD
Cap Rate
8.37%
NOI
$43,735 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,700 SF
Building FAR
0.26
Lot Size
0.33 AC
Property Taxes
| Parcel Number | 03086283 | Improvements Assessment | $42,955 CAD |
| Land Assessment | $8,357 CAD | Total Assessment | $51,312 CAD |
Property Taxes
Parcel Number
03086283
Land Assessment
$8,357 CAD
Improvements Assessment
$42,955 CAD
Total Assessment
$51,312 CAD
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