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150 Northshore Boulevard - North Shore Square Mall - North Shore Square Mall, Slidell, LA

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DetailMap
150 Northshore Boulevard - North Shore Square Mall - North Shore Square Mall

Slidell, LA 70460-6809 - St Tammany Parish Submarket

(1.1 MB)

Property Type:Retail Sub Type:- Status:Existing Year Built:1986
Building Size:622,234 SF Land Area:71 AC (3,092,760 SF)
% Leased:
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Smallest Space:291 SF Largest Space:76,287 SF Total Space Avail:97,789 SF Rent/SF/Yr:
Negotiable
Parking:3140 Surface spaces are available; Ratio of 5.04/1,000 SF Anchor Tenants:Burlington Coat Factory, Dillard's, JC Penney
Features:Food Court, Kiosk Cart, Center Temp Tenant, Center Enclosed


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
816 SF
Negotiable
Vacant
Negotiable
Retail
 1st
12,202 SF
Negotiable
30 Days
Negotiable
Retail
 1st
2,242 SF
Negotiable
60 Days
Negotiable
Retail
 1st
76,287 SF
Negotiable
30 Days
Negotiable
Retail
 1st
4,670 SF
Negotiable
Vacant
Negotiable
Retail
 1st
291 SF
Negotiable
Vacant
Negotiable
Retail
 1st
1,281 SF
Negotiable
Vacant
Negotiable
Retail
 
11197987
10810135
10810125
11205636
5398153
11197988
11197991


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
816 SF
Negotiable
Vacant
Negotiable
Retail
1st
12,202 SF
Negotiable
30 Days
Negotiable
Retail
1st
2,242 SF
Negotiable
60 Days
Negotiable
Retail
1st
76,287 SF
Negotiable
30 Days
Negotiable
Retail
1st
4,670 SF
Negotiable
Vacant
Negotiable
Retail
1st
291 SF
Negotiable
Vacant
Negotiable
Retail
1st
1,281 SF
Negotiable
Vacant
Negotiable
Retail
This building was awarded an Energy Star label in 2012 for its operating efficiency.

North Shore Square is a single-level, enclosed regional mall containing a total of 622, 234 square feet. North Shore Square's primary market consists of St. Tammany Parish, Washington Parish, Hancock County, Pearl River County, and surrounding muicipalities in Louisiana and Mississippi. North Shore Square is the only regional mall within its trade area.

This center is located off of Interstate 12 at Exit 80 in Slidell, Louisiana, along North Shore Boulevard, approximately 40 miles north of New Orleans.

Sale Notes:
SRS Southeast Investment Sales, is pleased to offer the opportunity to acquire or engage in a joint venture redevelopment of North Shore Square - a 429,071 +/- SF regional enclosed mall anchored by JCPenney, Dillard's, Burlington Coat Factory and At Home - located in Slidell, LA within the New Orleans MSA.

With a recent anchor lease initiated with At Home in July of 2016, the Property has established significant leasing momentum ahead of either the redevelopment of the Property or the continued lease-up of available space. With tenants like At Home targeting the location along with outparcel interest from national restaurants like Raising Cane' s, an incoming buyer has the ability to continue to build on the recent infusion of national tenant interest at the Property.

There is also a significant opportunity to either purchase and redevelop, or engage in a joint venture redevelopment of the mall with the current owner. With a valuable TIF, which has been put in place by the city of Slidell, the asset is advantageously positioned for a potential redevelopment of the asset.

SRS Southeast Investment Sales
Pierce Mayson

Kyle M Stonis


Morguard Corporation
Marc Dusang
(504) 904-8515



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