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Shops At Rouses 300 Kensington Blvd 66,210 SF 100% Leased Retail Building Slidell, LA 70458 $10,702,886 CAD ($161.65 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
66,210 SF
Building Class
C
Year Built
2014
Price
$10,702,886 CAD
Price Per SF
$161.65 CAD
Cap Rate
8%
NOI
$856,231 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.30
Lot Size
5.13 AC
Zoning
Commercial
Parking
350 Spaces (5.51 Spaces per 1,000 SF Leased)
Frontage
720’ on Kensington Blvd

AMENITIES

  • Dedicated Turn Lane
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • French Market Furniture
  • Transportation and Warehousing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Petco is a category-defining health and wellness company focused on improving the lives of pets, pet parents and their own Petco partners. Since their founding in 1965, they’ve been trailblazing new standards in pet care, delivering comprehensive wellness solutions through their products and services, and creating communities that deepen the pet-pet parent bond. Since its founding in 1999 as the Petco Foundation, Petco Love, an independent nonprofit organization, has empowered animal welfare organizations by investing in adoption and other lifesaving efforts.

  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Whether their passion is hunting, fishing, camping, backpacking, or shooting, it's important to have the right equipment when they head into the great outdoors. Quality gear gives them the edge they need to perform well and enjoy the journey. That's why Sportsman's Warehouse carries only top-quality, brand-name products for the outdoor enthusiast. Since 1986, Sportsman's Warehouse has been providing outdoor enthusiasts with quality merchandise in a friendly, low-key shopping environment. When they combine wide selection and great prices with knowledgeable, expert employees that are eager to assist them, there's really no reason to shop for their outdoor needs anywhere else. Providing a unique shopping experience is only the start at Sportsman's Warehouse. They are members of the outdoor communities they serve, so they take every opportunity to be actively involved in enlightening and educating their customers through special events, classes, seminars, and expert presentations.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
French Market Furniture Transportation and Warehousing 99,999 SF $9.99 Lorem Ipsum Jan 0000
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Rouses Markets
Chicken Salad Chick
Copeland's of New Orleans
Applebee's
Outback Steakhouse
Texas Roadhouse
Waffle House
Hancock Whitney
Starbucks
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
85672
Land Assessment
$0 CAD
Improvements Assessment
$577,095 CAD
Total Assessment
$577,095 CAD
  • Listing ID: 36786205

  • Date on Market: 2025-07-17

  • Last Updated:

  • Address: 300 Kensington Blvd, Slidell, LA 70458

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