1955 Gause Blvd W - Freestanding FOR SALE


Slidell, LA 70460- Outlying St Tammany Parish
$1 USD
305-206-1286
1955 Gause Blvd W, Slidell, LA for Sale
$1 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

1955 Gause Blvd W
Slidell, LA 70460
Outlying St Tammany Parish


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Advance Auto Parts | 16K VPD | New Orleans Metro | AUCTION JUNE 9-11, 2025
  • 6,895 SF Value-Add Retail (Former Advance Auto Parts) on 1+ Acre Parcel
  • 16,866 VPD Traffic Count Frontage and Visibility along Gause Blvd; 1-Mi from I-12 (68K VPD) and 40 Minutes to New Orleans
  • Neighboring National Retailers: Home Depot, ALDI, Walmart, Tractor Supply, Walgreens, At Home, Sam’s Club, and more
  • Attractive Demographics with 5-Mile Population of ±74,509 People with an Annual Household Income of $84,850
  • Zoning: HC-1, Highway Commercial, allowing Flexibility and a Variety of Uses

OVERVIEW

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 1955 Gause Blvd W in Slidell, St. Tammany Parish LA 70460 (the “Property”). Formerly occupied by Advance Auto Parts, the Property is being offered significantly below replacement cost, providing an attractive opportunity for owner-users or investors to acquire a highly visible and strategically located asset at a compelling discount. FIRST BID MEETS RESERVE! Constructed in 2008, the Property consists of a one-story retail building totaling ±6,895 gross square feet on a ±1.09-acre parcel (±47,647 SF), with 35 surface parking spaces. The site features a dedicated curb cut for ingress/egress and boasts ±205 feet of frontage along Gause Blvd W/Highway 180 W—a major arterial thoroughfare with ±16,866 vehicles per day (VPD)—just south of Interstate 12, providing excellent accessibility and regional connectivity. The Property offers a pylon sign and was previously occupied by Advance Auto Parts on a NNN lease and offers potential owner-users or investors the ability to unlock significant value-add potential through lease-up at long-term market rates (CoStar estimated retail rents of $14-17/SF NNN). Zoned HC-1, Highway Commercial, this zoning offers favorable flexible zoning allowing for a variety of uses. The Property is located in the northwestern portion of Slidell, within St. Tammany Parish, part of the greater New Orleans MSA, and benefits from direct frontage along US Highway 190 W, a primary east–west commercial corridor just south of and running parallel to Interstate 12 (±68,079 VPD), and west of US Highway 11 (±19,879 VPD). St. Tammany Parish offers strategic access to major metro markets such as New Orleans and Baton Rouge, while maintaining a business-friendly environment, lower operating costs, and steady population growth. This high-visibility location places the Property just 1.5 miles from Northshore Boulevard, the area’s dominant retail hub anchored by Home Depot, ALDI, Walmart, and Sam’s Club, and directly across from The Grand Slidell by Santikos, a regional movie theater that draws strong and consistent consumer traffic. The Property is also proximate to several major corporate, military, and government demand drivers, including NASA’s Michoud Assembly Facility, John C. Stennis Space Center, Lockheed Martin, General Dynamics, Textron, Camp Villere NGTC (±3-miles), and Ochsner Hospital—all contributing to regular weekday demand from staff, contractors, and visiting personnel. The Property is located within a dense trade area serving over 30,000 residents within a 3-mile radius, and ±74,509 residents with an average household income of ±$84,850 within 5 miles. This favorable demographic profile and regional accessibility make the site well-positioned to capitalize on growing demand for retail, services, and redevelopment opportunities.

FOR SALE DETAILS

PRICE

$1 USD

PRICE/SF

$0.00014 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale | Former Advance Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

HC-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.