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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:217,800 SF Total Space Avail:320,269 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
 1st
4,680 SF
Negotiable
30 Days
Negotiable
Retail
 1st
217,800 SF
Negotiable
30 Days
Negotiable
Retail
 
11197987
10810135
10810125
11205636
5398153
11197988
11197991
11712583
11712573


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
1st
4,680 SF
Negotiable
30 Days
Negotiable
Retail
1st
217,800 SF
Negotiable
30 Days
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 Real Estate Partners, as exclusive broker, 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.

The opportunity to acquire North Shore Square provides investors with a well-established retail asset which has phenomenal upside potential characterized by two primary options. Buyers have the option of revitalizing the mall as-is through the lease-up of 103,780 +/- SF of in-line available shop space with a potential full redevelopment of the Property in the future. There is also a noteworthy opportunity to either purchase and redevelop or engage in a joint venture redevelopment of the mall with the current owner in conjunction with a valuable TIF which has been put in place by the city of Slidell.

Very well-located with visibility along one of the region' s most heavily-trafficked corridors in Interstate 12, North Shore Square sits in the heart of the retail center of gravity for the region. With I-12 connecting San Antonio, TX to the west with Jacksonville, FL to the east, the Property' s position at exit 80 - across from The Home Depot, Walmart, Sam' s Club, Target, Academy Sports, Ross, PetSmart, Party City, Shoe Carnival, Marshalls, Dollar Tree, Bed Bath & Beyond, Toys R Us and more, makes it a major retail shopping nucleus and regional consumer destination.

The Property is located just 30 miles northeast of Downtown New Orleans via Interstate 10, Slidell is strategically situated at the I-59/I-12/I-10 Interchange, within the heart of the New Orleans, LA MSA. With proximity to a major tourist destination in New Orleans, along with its amenities, world-class restaurants, entertainment, festivals like Mardis Gras, and more - Slidell serves as a major bedroom community for the city which continues to grow with the popularity of New Orleans.


SRS Southeast Investment Sales
Pierce Mayson

Kyle M Stonis


Morguard Corporation
Marc Dusang
(504) 904-8515



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