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)
# 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.