405-409 Belle Terre Blvd - Freestanding FOR SALE


La Place, LA 70068- St John The Baptist Parish
$1,088,000 USD
469-449-4898
405-409 Belle Terre Blvd, La Place, LA for Sale
$1,088,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

405-409 Belle Terre Blvd
La Place, LA 70068
St John The Baptist Parish


HIGHLIGHTS

  • Value-Add Retail Center - Limited Retail Investment Opportunities in River-Parishes Area
  • Located Near Major Retail Corridor Serving the Trade Area
  • Excellent Access from Belle Terre Blvd, I-10, and US-61

OVERVIEW

6,382 SF value-add retail center located in LaPlace, LA. The Property benefits from excellent visibility on Belle Terre Blvd, one of the primary thoroughfares in the market. Nearby retailers include Walmart, Home Depot, Winn-Dixie, Aldi, Harbor Freight, Chick-Fil-A, McDonald's, and more. The center consists of 3 suites. 1 suite is currently occupied by Carmouche Jewelers on an MTM basis. The other two suites are delivered vacant - a 3,572 SF end-cap restaurant and a 1,365 SF inline suite, suitable for retail, medical, or office. Market rents average $16 - $20+ PSF NNN. Excellent opportunity for value-add investor or for a restaurant user to owner-occupy the center. Potential to add drive-thru to end-cap restaurant. Great access with 2 points of ingress/egress on Belle Terre Blvd. 75 parking spaces (11.8 / 1,000 SF).

FOR SALE DETAILS

PRICE

$1,088,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

C-3

APN/PARCEL ID

9643042786

ASK ABOUT THIS PROPERTY

Bryant ButlerBeau Box Commercial Real EstateMore Info
469-449-4898

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

Bryant ButlerBeau Box Commercial Real EstateMore Info
469-449-4898

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