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405-409 Belle Terre Blvd 6,382 SF 100% Leased Retail Building La Place, LA 70068 $1,474,566 CAD ($231.05 CAD/SF)
Investment Highlights
- Value-Add Retail Center - Limited Retail Investment Opportunities in River-Parishes Area
- Excellent Access from Belle Terre Blvd, I-10, and US-61
- Located Near Major Retail Corridor Serving the Trade Area
Executive Summary
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. Suite A (3,572 SF end-cap restaurant) is occupied by Fratelli's Italian Grille and Suite C is currently occupied by Carmouche Jewelers on an MTM basis. Suite B will be delivered vacant, a 1,365 SF inline suite, suitable for retail, medical, or office.
Excellent opportunity for value-add investor. Future 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).
The center consists of 3 suites. Suite A (3,572 SF end-cap restaurant) is occupied by Fratelli's Italian Grille and Suite C is currently occupied by Carmouche Jewelers on an MTM basis. Suite B will be delivered vacant, a 1,365 SF inline suite, suitable for retail, medical, or office.
Excellent opportunity for value-add investor. Future 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).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,382 SF
Building Class
C
Year Built
2005
Price
$1,474,566 CAD
Price Per SF
$231.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.40 AC
Zoning
C-3
Parking
75 Spaces (11.75 Spaces per 1,000 SF Leased)
Frontage
200’ on Belle Terre Blvd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 9643042786 | Improvements Assessment | $69,120 CAD |
| Land Assessment | $34,696 CAD | Total Assessment | $103,816 CAD |
Property Taxes
Parcel Number
9643042786
Land Assessment
$34,696 CAD
Improvements Assessment
$69,120 CAD
Total Assessment
$103,816 CAD
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405-409 Belle Terre Blvd
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