Baton Rouge, LA - Terracon
$7,133,000
4415 American Wy, Baton Rouge, LA 70816
6
Cap Rate
427,956
NOI
Details:
Description:
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a freestanding, NN, corporate guaranteed Terracon investment property located in Baton Rouge, Louisiana. The tenant, Terracon Consultants, Inc., recently signed a new 10-year lease with 2 (5-year) options to extend, demonstrating its commitment to the site. The lease features 3% annual rental increases throughout the initial term, growing NOI and providing a hedge against inflation. Terracon employs more than 8,000 professionals, generates over $1 billion sales, annually, and ranks No. 19 on Engineering News-Record’s 2025 Top 500 Design Firms list. The company has completed 26 acquisitions since 2017, reflecting continued national expansion and growth of its operating platform. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.
The subject property is strategically located within Baton Rouge’s primary engineering corridor, a central hub for design and construction firms serving the Gulf Coast petrochemical industry. The region is anchored by ExxonMobil’s Baton Rouge Refinery, the sixth-largest oil refinery in the U.S., and employs more than 21,000 people in process industry occupations. The area benefits from direct access to the Mississippi River, four Class I rail corridors, and major interstate connectivity via nearby
I-12, which carries approximately 137,100 vehicles per day. More than 300 engineers operate within a quarter mile of the subject property, reinforcing the site’s position within a concentrated engineering and industrial services cluster. Grand Isle Shipyard recently acquired the adjacent office building to consolidate its Baton Rouge-area engineering operations, further demonstrating the strength of the surrounding engineering corridor. The 5-mile trade area is supported by more than 180,000 residents and 169,800 employees, with an average household income of $115,544.
Location
Gallery
