Description
Located along West Tunnel Boulevard, this approximately 10,997 square foot mixed-use investment property offers stable in-place income with clear value-add potential. The property is anchored by Rent-A-Center occupying 6,539 square feet under a long-term lease with renewal options and structured rent increases. An additional 3,273 square feet of retail space is currently vacant, providing immediate lease-up opportunity. The asset also includes a 1,185 square foot rear apartment generating supplemental income. Situated on approximately 0.54 acres with strong corridor visibility, the property reflects an approximate 8% in-place cap rate with projected double-digit returns upon stabilization. This offering presents a balanced investment profile combining durable tenancy, income growth potential, and measurable upside through lease-up.
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0BEDS
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0.54ACRES
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0BATHS
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01/2 BATHS
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10,080SQFT
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$56$/SQFT
School Ratings & Info
Description
Located along West Tunnel Boulevard, this approximately 10,997 square foot mixed-use investment property offers stable in-place income with clear value-add potential. The property is anchored by Rent-A-Center occupying 6,539 square feet under a long-term lease with renewal options and structured rent increases. An additional 3,273 square feet of retail space is currently vacant, providing immediate lease-up opportunity. The asset also includes a 1,185 square foot rear apartment generating supplemental income. Situated on approximately 0.54 acres with strong corridor visibility, the property reflects an approximate 8% in-place cap rate with projected double-digit returns upon stabilization. This offering presents a balanced investment profile combining durable tenancy, income growth potential, and measurable upside through lease-up.
© 2026 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SoldbyQueen | Keller Williams Red Stick Partners. Data last updated: 2026-02-17T23:32:07.707. Licensed in the State of Louisiana, USA. SoldbyQueen | Keller Williams Red Stick Partners || 225-223-1604 || Baton Rouge, LA
Listing provided courtesy of Canal & Main Realty: 985-868-5230 .© 2026 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.