Plaquemine Shopping Center for Sale

Shopping Center for Sale
Catylist Listing ID: 30138693
Property Subtypes: Strip Center
Building Size (RSF): 75,000 SF
Gross Building Area: See Agent
Sale Price: $450,000
Unit Price: $6 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/17/2018

Overview / Comments

Owner Very Motivated – Please bring all offers – The owner is ready to unload this property...

It is a 75,945 square foot retail shopping center sitting on 11.04 acres of land. The property is located on Hwy 1 South, on the south side of Plaquemine - In between Lucky St. and Castro St. Belleview Road (Highway 75) and Broadway Street (Highway 1) provide primary access to the subject neighborhood. Current tenant Goodyear Tire pays $1,450/month Modified Gross.

It is only blocks away from the new 33,000 sf Ochsner Emergency Room facility. The shopping center is also located within 3 miles of the Plaquemine Ferry.

It was constructed in 1982. It does not sit in the flood zone (site is within Flood Zone "X") - Property is free from contamination or environmental hazards (Clean Environmental Report available).

Additional Details

Nearest MSA: Baton Rouge
County: Iberville
Submarket/Township: 73
Tax ID/APN: 0200410800

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,892 11,805 18,122
Median Age: 36.58 36.34 35.94
Households: 1,441 4,306 6,608
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