8950 US-165 - Storefront FOR SALE


Sterlington, LA 71280
$3,450,000 USD
318-261-0892
8950 US-165, Sterlington, LA for Sale
$3,450,000 USD
Storefront - FOR SALE
1/9
null | 7.65% Cap Rate

8950 US-165
Sterlington, LA 71280


HIGHLIGHTS

  • Fully Leased, Five-Tenant Center anchored by Family Dollar and Anytime Fitness.
  • Three public schools within the trade area; everyday convenience orientation.
  • Ideal for investors seeking stability, limited management, and nationally recognized co-tenancy.

OVERVIEW

John Rea Realty is proud to bring to market Hickory Ridge Plaza; a fully leased, five-tenant retail plaza in Sterlington, Louisiana, anchored by Family Dollar and Anytime Fitness. The Center's Tenant Mix: Family Dollar, Anytime Fitness, The Gonzalez Mexican Restaurant, Dr. Coughran Medical Clinic, and Eskamoe’s Frozen Custard. Creates strong cross-shopping and steady, daily-needs traffic. With most occupants on net leases and carrying renewal options, the property aligns well with investors seeking dependable income and minimal day-to-day management. The building’s leasable space totals about 20,860 square feet. The center's visibility and access are strong sitting near the signalized intersection of US-165 and LA-134 where approximately 21,550 vehicles pass by each day. Proximity to Sterlington Elementary, Middle, and High Schools positions the asset as a convenient retail hub for local families. The site is also less than 0.64 miles from Gardens at Somerset, an 18-acre, $32 million multigenerational community completed in 2021—adding further demand within the trade area. This is a compelling chance to acquire a fully stabilized, multi-tenant retail asset with limited landlord responsibilities and nationally recognized co-tenancy—poised to deliver consistent, low-touch income for years ahead.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hickory Ridge Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

Commercial

APN/PARCEL ID

123951,6767

ASK ABOUT THIS PROPERTY

Jennifer CauseyJohn Rea RealtyMore Info
318-261-0892

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Jennifer CauseyJohn Rea RealtyMore Info
318-261-0892

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