Investment Grade Distribution Center | Baton Rouge MSA | 6.72% Cap Rate

Completed in 2016 as a build-to-suit for P-Americans, LLC, a wholly owned subsidiary of PepsiCo, Inc.​, this purpose-built distribution facility consolidates the company's regional logistics operations into a single, modern hub along the I-12 corridor.​ The property was designed to the tenant's specifications and supports the full breadth of PepsiCo's consumer portfolio across a densely populated Gulf South trade area, with direct service reach into the Greater Baton Rouge Area, Greater New Orleans Area, and the Northshore.​

PepsiCo's recent execution of lease renewal through October 31, 2032 reflects the site's continued operational importance within the company's regional supply chain, providing investors approximately 6.5 years of contractual cash flow backed by one of the world's most recognized investment-grade corporate parents.​

• ​Great Baton Rouge MSA STNL build to suit completed for P-Americans, LLC, a wholly owned subsidiary of PepsiCo., Inc. in 2016. This property replaced two smaller facilities located in Baton Rouge, LA. The distribution center serves as logistics hub for PepsiCo. brands including Gatorade, Frito-Lay, Starbucks, Mountain Dew, and other related brands.
• ​The distribution facility is well-positioned and services the Greater Baton Rouge Area, Greater New Orleans Area, and the Northshore.
• ​Approximately 6.5 years of remaining lease term with Pepsi recently executing a 6-year renewal through October 31, 2032, demonstrating their commitment to the site.​The Landlord is responsible for roof, structure, and parking lot.
• The Landlord is responsible for roof, structure, and parking lot