7808 Greenwell Springs Rd
Baton Rouge, LA 70814
Commerce de détail Propriété À vendre

Fortis Net Lease presents an opportunity to acquire a 4,991-square-foot freestanding Fast Stop Express convenience store and fuel station located at 7808 Greenwell Springs Road in Baton Rouge, Louisiana. This property is strategically positioned at the intersection of two heavily traveled corridors, benefiting from approximately 22,000 vehicles per day on Greenwell Springs Road and 50,000 vehicles per day on Highway 190. The location offers exceptional visibility and accessibility, serving a dense and economically active consumer base within the northeastern Baton Rouge trade area.
The asset is secured by a 20-year Absolute NNN lease with Fast Stop Express, a rapidly growing regional operator with over 72 locations across Louisiana, Texas, and New Mexico. The lease structure provides zero landlord responsibilities and includes four 5-year renewal options, along with 2% annual rent increases, ensuring consistent income growth. Current Net Operating Income is $149,816, reflecting a 7.5% cap rate on the $2,000,000 asking price.
This investment offers long-term stability and predictable cash flow in one of Louisiana’s most dynamic markets. The property’s location within a thriving retail corridor, combined with strong traffic counts and favorable demographics, positions it as a compelling addition to any net lease portfolio.