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18562 Highland Rd, Baton Rouge, LA, 70809

Mavis Tires & Brakes
$1,600,000

Key Information

Cap Rate
7.08%
$ per SF
$170
Tot. SF
43,560
Year Built
1995
Term Remaining
±5 YRS
Type
Retail
NOI
$113,345
Leasable Area
9,380

Highlights

  • Strong Baton Rouge Location: Situated on Highland Rd, a high-profile arterial in Baton Rouge, surrounded by national retailers and benefiting from strong residential density. The ±3-mile trade area includes approximately 33,762 residents, supporting consistent service-sector demand.
  • Significant Traffic Exposure: Positioned along a well-traveled corridor with approximately ±19,100 vehicles per day, providing strong daily visibility and steady customer flow.
  • Affluent Trade Area: The surrounding area has an average household income of $139,800 within ±3 miles, well above regional norms and supportive of long-term automotive service demand.
  • Corporate-Backed Lease: Guaranteed by Express Oil LLC, the operating arm of Mavis, offering a strong credit profile and dependable performance from a national operator.
  • Remaining Lease Term: Approximately ±5 years of remaining lease term, with the tenant currently operating in its final option period, providing insulated mid-term cash flow.
  • No Future Options: Mavis is currently operating with no remaining tenant extension options, creating a unique value proposition for the next landlord

Photos

Location

Agents

Broker of Record

Donnie Jarreau

License # 995704351-CORP (LA)
Matthews Real Estate Investment Services, Inc
16173 Perkins Road Baton Rouge, LA 70810