Plaquemine Center 58630 Belleview Dr 17,675 SF 100% Leased Retail Building Plaquemine, LA 70764 $3,115,125 CAD ($176.24 CAD/SF) 8.57% Cap Rate

Overview
Prime Investment Opportunity: The Plaquemine Center
Discover a Fully Leased Retail Gem in Thriving Plaquemine, Louisiana
Nestled along the bustling north side of Belleview Road in the heart of Iberville Parish, The Plaquemine Center offers a rare chance to own a high-performing, income-generating shopping center in a stable and growing community. This 17,600± square foot, Class S steel-frame property, built in 2007 and maintained in excellent condition, boasts a modern design with central HVAC, ample parking (66 spaces), and full ADA compliance. With an effective age of just 15 years, this center is primed for long-term value appreciation.
Strategic Location with Strong Growth Potential
Located at 58630 Belleview Road, Plaquemine, LA 70764, the property sits on a generous 3.914± acre (170,495± sq ft) rectangular site with 260 feet of prime frontage. Zoned C-6 for commercial use, it’s ideally positioned in a rural-yet-accessible neighborhood that’s evolving with new residential subdivisions and major industrial developments, including the upcoming Formosa Plastics plant as well as Shintech and Dow Chemical, which promises thousands of jobs and economic boost. Proximity to essential amenities like schools, churches, shopping, and healthcare, combined with easy access to Baton Rouge (just 15 miles away), ensures steady foot traffic and tenant stability. The corridor along Belleview Road features well-maintained commercial properties and is expected to remain stable with positive income and population trends.
100% Occupancy with Reliable National and Local Tenants
This turnkey investment is fully leased to three established tenants under triple-net (NNN) leases, minimizing owner responsibilities and maximizing cash flow:
• Snap Fitness (End Cap, 6,240 sq ft): $78,000/year ($12.50/sq ft), lease through April 2029.
• Buy Wise Home Furnishings (Inline, 4,960 sq ft): $54,000/year ($10.89/sq ft), lease through June 2027.
• O’Reilly Auto Parts (End Cap, 6,400 sq ft): $60,840/year ($9.51/sq ft), lease through August 2032.
Total annual gross income: $192,840 ($10.96/sq ft average). Tenants handle utilities, janitorial, and pro-rata shares of taxes, insurance, and common area maintenance, leaving the owner focused on structural upkeep and management. With a projected net operating income (NOI) of approximately $157,731 in Year 1 and low stabilized vacancy expectations (around 7%), this property delivers consistent returns for passive investors.
Expansion Upside with Surplus Land
Adding to its appeal, the site includes 2.316± acres (100,895± sq ft) of surplus land valued at around +/-$250,000—perfect for future development, such as self-storage, small service bay industrial warehousing, or multi-family, additional parking, or complementary Phase 2 retail expansions. The land-to-building ratio of 9.687:1 provides flexibility without compromising current operations.
Proven Value and Financial Strength
Highest and best use confirmed as a multi-tenant shopping center, making it an ideal fit for 1031 exchanges, portfolio additions, or first-time commercial investors.
Don’t miss this opportunity to secure a low-maintenance, high-yield asset in a community on the rise. Contact us today for more details, financials, or to schedule a viewing!
Offering Memorandum: The Plaquemine Center
Prime Retail Investment Opportunity in Plaquemine, Louisiana
Property Overview
Address: 58630 Belleview Road, Plaquemine, LA 70764
Legal Description: Tract B of the Belleview Farm Subdivision, Section 17, T-9-S, R-12-E, Iberville Parish, LA
Size: 17,600± sq ft shopping center on 3.914± acres (170,495± sq ft)
Year Built: 2007
Construction: Class S steel frame
Parking: 66 spaces
Location Highlights
Situated along the north side of Belleview Road
Zoned C-6 (Commercial)
Proximity to Baton Rouge (15 miles), schools, churches, shopping, and healthcare
Near upcoming Formosa Plastics plant, Shintech and Dow Chemical promising economic growth and jobs
Stable neighborhood with positive income and population trends
Tenant Profile
100% occupied with triple-net (NNN) leases
Tenants:
Snap Fitness (6,240 sq ft, End Cap): $78,000/year ($12.50/sq ft), lease through April 2029
BuyWise Home Furnishings (4,960 sq ft, Inline): $54,000/year ($10.89/sq ft), lease through June 2027
O’Reilly Auto Parts (6,400 sq ft, End Cap): $60,840/year ($9.51/sq ft), lease through August 2032. Recently renewed.
Total Annual Income: $192,840 ($10.96/sq ft average)
Tenants cover utilities, janitorial, and pro-rata shares of taxes, insurance, and CAM
Investment Upside
2.316± acres of surplus land valued at +/-$250,000 for future development or expansion
Ideal for 1031 exchanges, portfolio diversification, or first-time commercial investors
Low-maintenance, high-yield asset with proven tenant stability
Contact Us Today
Secure this turnkey retail investment in a growing market. For more information, financials, or to schedule a tour, reach out now!