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
Property Tenant Monthly Rent Type Expires Valuation Status
11621 Investor Ave.
Baton Rouge
Controlled Products (CPS) $5,837
$4,305 base + $1,532 NNN
NNN 7/31/2029 $513,000 Active
11641 Investor Ave.
Baton Rouge (Brinks Lot)
Brinks Inc. $7,893
$6,250 base + $1,643 NNN
NNN 6/30/2029 $521,550 Active
Cedar Park — Suite A Vendco LLC $900 Office Expired 7/31/2019 $1,666,500
(all 5 suites)
⚠ Verify
Cedar Park — Suite B/C Beesley $3,663
$2,500 base + $1,163 CAM
Office/Warehouse Active Active
Cedar Park — Suite D Southern Turf Supply $2,151
$1,594 base + $557 CAM
Office/Warehouse Active Active
Cedar Park — Suite E Biragov Detailing $3,000
$2,141 base + $859 CAM
Office/Warehouse Active Active
Cedar Park — Suite F EBR Sheriff $3,454
$2,581 base + $873 CAM
Office/Warehouse Active Active
Exchequer Dr
6750 Exchequer Dr, 8,340 SF
No Fault LLC $7,645 NNN Office/Warehouse 6/28/2028 $1,062,500 Active
MetroCenter II
11800 Industriplex Blvd
Reliable Parts Inc. $5,899
$4,691 base + $1,208 NNN
NNN Retail 6/30/2028 $650,000 Active
Harrells Ferry Rd
15454 S. Harrell's Ferry
Trending Group (Fud Trailer) $3,500 NNN 1/31/2028 $350,000 Active
Jefferson Hwy — Advanced Auto
11858-68 Jefferson Hwy
Advanced Auto Parts $5,000 Billboard 8/31/2030 $1,250,000
(both)
Active
Jefferson Hwy — B&M Graphics B&M Graphics $5,225 Billboard Unknown ⚠ No Lease
Nashville 103 & 104 STR (various) Variable Short-Term Rental N/A $635,000 each STR
Walker
13301 Burgess Ave
$0 $380,000 Vacant
Perkins Lot $0 Land Land
Hwy 42 / Ascension $0 Land Land
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.