Northmarq, as the exclusive broker, is proud to present the opportunity to purchase a multi-tenant retail strip center located at 1111 Boone St, in Leesville, Louisiana (the “Property”).
The Property is leased to a mix of strong national tenants: Tractor Supply Co., NAPA Auto Parts, and Goodwill, with additional income from an ATM leased to USAA.
All of the tenants have been operating at the property for 10+ years. Tractor Supply has renewed their lease for 5 years and both NAPA and Goodwill have extended, all with the contractual rent increase, showing a commitment to the site.
The Property is located adjacent to Walmart and Lowe’s, right off of Highway 171, the main retail corridor in the city. Leesville is a city located on U.S. Highway 171 between Shreveport and Lake Charles, just 50 miles west of Alexandria. The city is the parish seat of Vernon Parish, Louisiana. Leesville is the home of the U. S. Army’s Fort Johnson and the Joint Readiness Training Center (JRTC). Leesville is located near the picturesque Toledo Bend Reservoir, with its 1,200 miles of shoreline and large variety of recreational activities providing residents and visitors with easy access to fishing, boating, camping, and other activities amidst stunning natural landscapes.