AT&T | Limited Landlord Responsibilities | Guaranteed… — Sale in Bastrop, LA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Bastrop, LA 71220

Investment Figures

Cap rate
6.22%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer this freestanding AT&T retail store located at 6070 Mer Rouge Road in Bastrop, Louisiana, a stable, needs-based net-lease investment backed by Prime Communications, the nation’s largest AT&T authorized retailer. Offered at $595,765 with a 6.22% cap rate, the property delivers $37,080 in NOI under a modified NNN lease with limited landlord responsibilities and 3% annual rent increases, providing organic income growth and long-term inflation protection. The ±2,400 SF building, constructed in 2009, is strategically positioned along Mer Rouge Road (LA-2)—Bastrop’s primary commercial corridor—benefiting from steady local traffic, strong visibility, and proximity to major national retailers including Walmart Supercenter, Super 1 Foods, Dollar General, AutoZone, and Murphy USA. The location serves as a key telecommunications hub for the surrounding rural trade area, supported by consistent demand for wireless, broadband, and connectivity services. The asset sits within the Monroe MSA, a regional economic center with approximately 200,000 residents and a diverse employment base spanning healthcare, education, manufacturing, logistics, and government services. Recent lease extension activity demonstrates tenant commitment, while nearby economic catalysts—including industrial redevelopment, renewable energy investment, roadway improvements, and new educational facilities—reinforce long-term market stability. This offering provides investors with a passive, service-oriented net-lease asset backed by a nationally recognized operator, positioned in a high-visibility corridor with durable consumer demand and strong regional fundamentals. Investment Highlights: • Prime Mer Rouge Road Location | High-Visibility Bastrop Retail Corridor • Modified NNN Lease With Limited Landlord Responsibilities • Guaranteed by Prime Communications | Largest AT&T Authorized Retailer • Essential Telecommunications Tenant | Strong Consumer Demand • Located Within

Market Context

This retail in Bastrop, LA is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Bastrop, LA — view the full market.

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