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Terracon | New 10yr Lse | Annual Increases 4415 American Way 17,016 SF Flex Building Baton Rouge, LA 70816 $7,133,000 ($419.19/SF) 6% Cap Rate
Investment Highlights
- New 10-Year Lease | Annual 3% Increases | Top Engineering Firm
- Gulf Coast Petrochemical Hub | Baton Rouge Industrial Corridor
- NN | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a freestanding, NN, corporate guaranteed Terracon investment property located in Baton Rouge, Louisiana. The tenant, Terracon Consultants, Inc., recently signed a new 10-year lease with 2 (5-year) options to extend, demonstrating its commitment to the site. The lease features 3% annual rental increases throughout the initial term, growing NOI and providing a hedge against inflation. Terracon employs more than 8,000 professionals, generates over $1 billion sales, annually, and ranks No. 19 on Engineering News-Record’s 2025 Top 500 Design Firms list. The company has completed 26 acquisitions since 2017, reflecting continued national expansion and growth of its operating platform. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.
Property Facts
| Price | $7,133,000 | Rentable Building Area | 17,016 SF |
| Price Per SF | $419.19 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 2013 |
| Cap Rate | 6% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 6.46/1,000 SF |
| Lot Size | 2.69 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | LC2 - Light Commercial | ||
| Price | $7,133,000 |
| Price Per SF | $419.19 |
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Flex |
| Lot Size | 2.69 AC |
| Rentable Building Area | 17,016 SF |
| No. Stories | 1 |
| Year Built | 2013 |
| Tenancy | Single |
| Parking Ratio | 6.46/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | LC2 - Light Commercial |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Terracon Consultants
- Professional, Scientific, and Technical Services
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99,999 SF
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Terracon Consultants | Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01321501 | Improvements Assessment | $289,868 |
| Land Assessment | $80,255 | Total Assessment | $370,123 |
Property Taxes
Parcel Number
01321501
Land Assessment
$80,255
Improvements Assessment
$289,868
Total Assessment
$370,123
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