Investment Overview
Fortis Net Lease is pleased to present the opportunity to acquire the Fast Stop Express, located at 7808 Greenwell Springs Rd in Baton Rouge. The property features a 4,991 square foot freestanding convenience store positioned along Greenwell Springs Road, a well-traveled retail corridor serving the northeastern Baton Rouge trade area. The site benefits from strong visibility and convenient access within a dense residential and commercial corridor, providing consistent customer traffic and long-term operational stability for the tenant.
The property is secured by a 20-year Absolute NNN lease with four 5-year renewal options, providing investors with long-term passive income and minimal landlord responsibilities. The lease features 2% annual rent increases, offering steady income growth throughout the primary term and option periods. The asset generates a Net Operating Income (NOI) of $149,816, making it an attractive investment opportunity in one of Louisiana’s most important economic centers, supported by government, education, and industrial employment drivers throughout the greater Baton Rouge market.
Investment Highlights
- The property consists of a 4,991 square foot freestanding convenience store situated along Greenwell Springs Road, a well-traveled retail corridor serving the northeastern Baton Rouge trade area with strong visibility and easy accessibility.
- The asset is secured by a 20-year Absolute NNN lease, providing a passive investment with zero landlord responsibilities.
- The lease includes four 5-year renewal options and 2% annual rent increases, delivering consistent income growth throughout the lease term.
- The property generates a Net Operating Income (NOI) of $149,816, offering investors stable long-term cash flow in one of Louisiana’s primary economic and population centers.