Investment Overview

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.