Updated March 2026

⚠ 3 Action Items Require Attention

Portfolio Value
$7.66M
10 valued properties
Gross Annual Rent
$556K+
Excl. Nashville STR
Monthly Rent
$46.4K
Active leases
Occupancy
77%
10 of 13 units leased
Properties
16
Incl. land + vacant
2024 NOI
$56.8K
0.74% cap rate

Portfolio Value by Property

Annual Rent by Property

Lease Expiration Timeline

Jul 2026
Exchequer Dr — Notice Window Opens
No Fault LLC · Lease expires 6/28/2028 · Monitor option exercise ($9k or $10k/mo)
12 mo
Dec 2026
MetroCenter II — 120-Day Notice Window Opens
Reliable Parts · Expires 6/30/2028 · Must act or converts to $5,000/mo MTM
18 mo
Jul 2027
Harrells Ferry — 180-Day Notice Window Opens
Trending Group · Expires 1/31/2028 · Auto-renews if no notice given
Future
Dec 2027
Exchequer Dr — 180-Day Decision Deadline
No Fault LLC · Must decide Option 1 ($9k/mo) vs Option 2 ($10k/mo) for 60-mo renewal
Future
Jan 2029
11621 Investor Ave. — Notice Window Opens
Controlled Products · Expires 7/31/2029
Future
Jun 2029
11641 Investor Ave. — Notice Window Opens
Brinks Inc. · Expires 6/30/2029
Future
All Properties (11) — Click any property to view details
# Property Tenant Lease Type NOI / Year Cap Rate Est. Value Status
1 11641 Investor Ave
Baton Rouge, LA 70809
Brinks AAA NNN $80,670 7.5% $1,075,602 Active
2 11621 Investor Dr
Baton Rouge, LA
Controlled Products NNN 7.5% Pending Active
3 6750 Exchequer Dr
Baton Rouge, LA
No Fault LLC NNN 7.5% Pending Active
4 MetroCenter II
11800 Industriplex Blvd, Baton Rouge, LA
Reliable Parts NNN 7.5% Pending Active
5 Jefferson Hwy (11858 & 11868)
Baton Rouge, LA
B&M Graphics / Advanced Auto Care Multi-Tenant 7.5% Pending Active
6 Cedar Park Suites
11124 Cedar Park Ave, Baton Rouge, LA
5 Tenants (Suites A–F) Multi-Tenant 7.5% Pending ⚠ Suite A MTM
7 Harrells Ferry
15454 S Harrells Ferry Rd, Baton Rouge, LA
Trending Group Gross 7.5% Pending Active
8 Nashville (Units 103 & 104)
Nashville, TN
SkyShare (STR Mgmt) Short-Term Rental Variable N/A $1,270,000 Active
9 Walker (Vacant)
13301 Burgess Ave, Walker, LA
VACANT $0 N/A $380K rebuild Vacant
10 Perkins Lot
Baton Rouge, LA
Land — No Tenant $0 N/A Land
11 Hwy 42 / Ascension
LA Hwy 42, Lot 4-B, Ascension Parish, LA
Land — No Tenant $0 N/A Land
11641 Investor AveActive
Brinks · AAA
Lease
NNN
NOI
$80,670
Cap Rate
7.5%
Est. Value
$1,075,602
11621 Investor DrActive
Controlled Products
Lease
NNN
NOI
Pending
Cap Rate
7.5%
Est. Value
Pending
6750 Exchequer DrActive
No Fault LLC
Lease
NNN
NOI
Pending
Cap Rate
7.5%
Est. Value
Pending
MetroCenter IIActive
Reliable Parts · 11800 Industriplex Blvd
Lease
NNN
NOI
Pending
Cap Rate
7.5%
Est. Value
Pending
Jefferson Hwy (11858 & 11868)Active
B&M Graphics / Advanced Auto Care
Lease
Multi-Tenant
NOI
Pending
Cap Rate
7.5%
Est. Value
Pending
Cedar Park Suites⚠ Suite A MTM
5 Tenants (Vendco, Beesley, S. Turf, Biragov, EBR Sheriff)
Lease
Multi-Tenant
NOI
Pending
Cap Rate
7.5%
Est. Value
Pending
Harrells FerryActive
Trending Group · 15454 S Harrells Ferry Rd
Lease
Gross
NOI
Pending
Cap Rate
7.5%
Est. Value
Pending
Nashville (Units 103 & 104)Active
SkyShare Management (STR) · Nashville, TN
Lease
Short-Term Rental
Avg Rent
~$2,888/mo
Cap Rate
N/A
Est. Value
$1,270,000
Walker (Vacant)Vacant
13301 Burgess Ave, Walker, LA
Lease
NOI
$0
Cap Rate
N/A
Rebuild Value
$380,000
Perkins LotLand
Land — No Tenant · Baton Rouge, LA
Type
Land
NOI
$0
Cap Rate
N/A
Est. Value
Hwy 42 / AscensionLand
Land — No Tenant · Ascension Parish, LA
Type
Land
NOI
$0
Cap Rate
N/A
Est. Value
Lease Renewal Calendar

Active Leases — Key Terms

Property Tenant Monthly Rent Lease Start Lease End Notice Period Notes
Exchequer Dr No Fault LLC $7,645/mo 6/28/2022 6/28/2028 180 days Option 1: $9k/mo · Option 2: $10k/mo (both 60 mo)
MetroCenter II Reliable Parts $5,899/mo 7/1/2023 6/30/2028 120 days MTM converts to $5,000/mo if no notice
Harrells Ferry Trending Group $3,500/mo 2/1/2025 1/31/2028 180 days Auto-renews 3 years if no notice given
Jefferson — Advanced Auto Advanced Auto Parts $5,000/mo 9/1/2025 8/31/2030 6 months Escalates to $5,500/mo after first option
Jefferson — B&M Graphics B&M Graphics $5,225/mo 12/1/2018 11/30/2028 TBD ⚠ Lease docs missing — obtain copy ASAP
11621 Investor Controlled Products $5,837/mo 8/1/2024 7/31/2029 180 days Tenant exercised renewal option
11641 Investor Brinks Inc. $7,893/mo 7/1/2024 6/30/2029 180 days Renewal rate $6,250/mo base
Cedar Park — Suite A Vendco LLC $900/mo 8/1/2018 Expired 7/31/2019 90 days ⚠ Month-to-month — verify status, get new agreement
Cedar Park — Suite B/C Beesley $3,663/mo Active Tracking in spreadsheet
Cedar Park — Suite D Southern Turf Supply $2,151/mo Active
Cedar Park — Suite E Biragov Detailing $3,000/mo Active
Cedar Park — Suite F EBR Sheriff $3,454/mo Active

2024 Full Year

Gross Rental Income$770,120
Net Operating Income$56,844
Total Expenses~$713,276
Portfolio Value$7,663,550
Cap Rate0.74%

2025 Projection

Gross Rental Income~$786,000
Projected NOI~$87,000
Projected Cap Rate~1.13%
2026 YTD DataPending export

Annual Rent by Property

Annual Rent Breakdown

PropertyTenantAnnual Base RentAnnual NNN/CAMAnnual Total
Exchequer DrNo Fault LLC$91,740NNN (tenant pays direct)$91,740
MetroCenter IIReliable Parts$56,292$14,496$70,788
Harrells FerryTrending Group$42,000NNN (tenant pays direct)$42,000
Jefferson — Advanced AutoAdvanced Auto Parts$60,000$60,000
Jefferson — B&M GraphicsB&M Graphics$62,700$62,700
11621 Investor Ave.Controlled Products$51,660$18,384$70,044
11641 Investor Ave.Brinks Inc.$75,000$19,716$94,716
Cedar Park (5 suites)Various$116,592$41,400$157,992
Nashville 103 & 104STR~$7,051~$7,051
TOTAL$563,035~$93,996~$657,031
⚠ Cap rate (0.74% in 2024) is unusually low — likely reflects conservative insurance-based valuations and/or high 2024 expense year. 2025 trending higher at ~1.13% projected. Typical Louisiana commercial properties: 4–8% cap rate. Consider getting independent appraisals for lender reporting.

📂 2026 YTD data: Drop your QB export to #data-ops to update this dashboard with current-year figures.
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11641 Investor Ave
11641 Investor Ave, Baton Rouge, LA 70809
NOI (Annual)
$80,670
Cap Rate
7.5%
Est. Value
$1,075,602
Lease Expires
6/30/2029

Lease Information

TenantBrinks Inc. AAA
Lease TypeNNN (Triple Net)
Lease Start7/1/2024
Lease End6/30/2029 (3.5 years remaining)
Notice Period180 days
Building Size5,490 SF
3 tax parcels (689211, 689351, 689254). Building on 2 lots + 1 laydown yard rented to Brinks. All included in $6,250/mo lease.

2025 Annual Financial Summary

Base Rent (12 months)$75,000.00
NNN Collected from Tenant$20,726.53
Total Cash Received$95,726.53
Less: Property Insurance($5,332.27)
Less: Property Taxes (3 parcels)($9,724.09)
Total Expenses($15,056.36)
NET OPERATING INCOME (NOI)$80,670.17

Valuation (Income Approach)

Annual NOI$80,670.17
Cap Rate (Baton Rouge Market)7.5%
Estimated Property Value$1,075,602
Value per SF$195.92
Insurance Rebuild Value (not market value)$521,550

Tax Detail — 2025 (3 Parcels)

Parcel 689211 (Primary Building)$8,037.28
Parcel 689351 (Lot 2)$805.20
Parcel 689254 (Laydown Yard)$881.61
Total 2025 Property Taxes$9,724.09

Insurance Detail — 2025

Building SF5,490 SF
Rebuild Rate$95/SF
Insured Value$521,550
2025 Annual Premium$5,332.27
Insurance renews every July. NNN true-up typically done in January.

Monthly Tracking — 2025

MonthBase RentNNNInsuranceTaxesNet
January$6,250$1,475.69$444.36$810.34$6,471.00
February$6,250$2,817.14$444.36$810.34$5,129.55
March$6,250$1,643.37$444.36$810.34$6,303.34
April$6,250$1,643.37$444.36$810.34$6,303.34
May$6,250$1,643.37$444.36$810.34$6,303.34
June$6,250$1,643.37$444.36$810.34$6,303.34
July$6,250$1,643.37$444.36$810.34$6,303.34
August$6,250$1,643.37$444.36$810.34$6,303.34
September$6,250$1,643.37$444.36$810.34$6,303.34
October$6,250$1,643.37$444.36$810.34$6,303.34
November$6,250$1,643.37$444.36$810.34$6,303.34
December$6,250$1,643.37$444.36$810.34$6,303.34
ANNUAL$75,000$20,726.53$5,332.27$9,724.09$80,670.17

🔒 Loan / Mortgage Detail — Pending

LenderAwaiting loan documents
Original Loan AmountAwaiting loan documents
Current BalanceAwaiting loan documents
Interest RateAwaiting loan documents
Loan Type (Fixed/ARM)Awaiting loan documents
ARM Reset DateAwaiting loan documents
Maturity DateAwaiting loan documents
Monthly PaymentAwaiting loan documents
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11621 Investor Dr
11621 Investor Dr, Baton Rouge, LA
Base Rent/Yr
$51,660
Cap Rate
7.5%
Est. Value
Pending
Lease Expires
7/31/2029

Lease Information

TenantControlled Products
Lease TypeNNN
Base Rent$4,305/mo
NNN$1,560.08/mo
Insurance (Annual)$5,246.36
Taxes (Annual)Awaiting tax data

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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6750 Exchequer Dr
6750 Exchequer Dr, Baton Rouge, LA
Base Rent/Yr
$91,740
Cap Rate
7.5%
Est. Value
Pending
Lease Expires
6/28/2028

Lease Information

TenantNo Fault LLC
Lease TypeNNN
Base Rent$7,645/mo
NNN$2,320.88/mo
Insurance (Annual)$10,380.73
Taxes (Annual)Awaiting tax data
Renewal OptionsOption 1: $9,000/mo · Option 2: $10,000/mo (both 60 mo)
Notice Deadline12/28/2027 (180 days before expiry)

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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MetroCenter II
11800 Industriplex Blvd, Baton Rouge, LA
Base Rent/Yr
$53,568
Cap Rate
7.5%
Est. Value
Pending
Lease Expires
6/30/2028

Lease Information

TenantReliable Parts
Lease TypeNNN
Base Rent (Yr 3)$4,464/mo (escalating Yr 1–5)
NNN Est.$1.85/SF
Notice Period120 days
MTM Rate (if no notice)$5,000/mo
Deposit$5,000

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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Jefferson Hwy
11858 & 11868 Jefferson Hwy, Baton Rouge, LA
Base Rent/Yr
$122,700
Cap Rate
7.5%
Est. Value
Pending
Lease Expires
Mixed

Tenant 1: B&M Graphics (11858)

Base Rent$5,225/mo
Lease Renewed12/1/2023 for 5 years (to 12/1/2028)
Next Option Rent$5,747.50/mo
Notice Deadline12/1/2027

Tenant 2: Advanced Auto Care (11868)

Base Rent$5,000/mo
Lease Renewed9/1/2025 for 5 years (to 8/31/2030)
Next Option Rent$5,500/mo
Notice Period6 months

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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Cedar Park Suites
11124 Cedar Park Ave, Baton Rouge, LA
Base Rent/Yr
$118,392
CAM/Yr
$41,412
Cap Rate
7.5%
Est. Value
Pending

Suite Breakdown

Suite A — Vendco LLC$1,050/mo ⚠ MTM
Suite B&C — Beesley Motorcars$2,500/mo
Suite D — Southern Turf Supply$1,594/mo
Suite E — Biragov Detailing$2,141/mo
Suite F — EBR Sheriff$2,581/mo
CAM (Monthly)$3,451.02

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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Harrells Ferry
15454 S Harrells Ferry Rd, Baton Rouge, LA
Base Rent/Yr
$42,000
Cap Rate
7.5%
Est. Value
Pending
Lease Type
Auto-Renew

Lease Information

TenantTrending Group
Base Rent$3,500/mo
Lease TypeGross (auto-renew)
Renewed2/1/2025 for 3 years
Insurance (Annual)$3,420.95
Notice Required180 days to opt out
Deposit$3,300

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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Nashville (Units 103 & 104)
Nashville, TN
Avg Income/Yr
~$34,655
Cap Rate
N/A (STR)
Est. Value
$1,270,000
Type
STR

Property Information

ManagementSkyShare (Short-Term Rental)
Unit 103 Value$635,000
Unit 104 Value$635,000
Avg Monthly Income~$2,888/mo
Income is variable. No formal leases. STR income tracked monthly.

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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Walker (Vacant)
13301 Burgess Ave, Walker, LA
NOI
$0
Status
Vacant
Rebuild Value
$380,000
Building SF
~4,000 SF

Notes

Currently vacant. Held for future use/development.

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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Perkins Lot
Baton Rouge, LA
Type
Land
NOI
$0
Tenant
None
Est. Value

Notes

Land parcel. Carries taxes and insurance costs only.

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents
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Hwy 42 / Ascension
LA Hwy 42, Lot 4-B, Ascension Parish, LA
Type
Land
NOI
$0
Tenant
None
Est. Value

Notes

Land parcel. Carries taxes and insurance costs only.

🔒 Loan / Mortgage Detail — Pending

All fieldsAwaiting loan documents