300 Kensington Blvd - Freestanding FOR SALE


Slidell, LA 70458- Outlying St Tammany Parish
$7,667,263 USD
225-329-0269
300 Kensington Blvd, Slidell, LA for Sale
$7,667,263 USD
Freestanding - FOR SALE
1/6
null | 8% Cap Rate

300 Kensington Blvd
Slidell, LA 70458
Outlying St Tammany Parish


HIGHLIGHTS

  • 100% occupied multi-center retail center
  • Longstanding national tenants
  • Located on well traveled intersection in the heart of Slidell, with easy access to I-10
  • Center is surrounded by a mix of residential neighborhoods andcommerical establishments
  • 66,210 S.F.
  • 350 parking spaces

OVERVIEW

Strategically positioned at 280 Kensington Boulevard in Slidell, Louisiana, this premier retail asset features two nationally recognized tenants, Sportsman’s Warehouse and Petco, offering a stable investment in a highly trafficked commercial corridor. Located just off Interstate 10 at the intersection of Kensington Boulevard and Gause Boulevard, this interstate sees an estimated 69,000 cars a day, while the intersection sees an estimated 21,000 vehicles per day. Anchored by Rouses Market, the property is surrounded by commercial and residential development, including big box retailers like Walmart, Home Depot, Lowe’s, and Hobby Lobby. Slidell is a prime retail hub on Louisiana’s Northshore, strategically located at the crossroads of I-10, I-12, and I-59. Just 30 minutes from New Orleans, Slidell draws consumers from a broad regional trade area and serves as a primary shopping and service destination for St. Tammany Parish and surrounding communities. With high traffic counts and a concentration of national retailers, the city offers a stable and growing environment for retail investment.

FOR SALE DETAILS

PRICE

$7,667,263 USD

PRICE/SF

$116 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops At Rouses

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

5.13 AC

LAND SF

223,376 SF

ZONING

Commercial

APN/PARCEL ID

85672

ASK ABOUT THIS PROPERTY

Justin LangloisStirling PropertiesMore Info
225-329-0269

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Justin LangloisStirling PropertiesMore Info
225-329-0269

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