3377 U.S. Hwy 190
Shopping Center
for Sale
| Catylist Listing ID: |
30766311 |
| Property Subtypes: |
Community Center, Mixed Use, Neighborhood Center, Net Leased, Power Center, Other
|
| Building Size (RSF): |
44,400 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
3.40 Acres
|
| Sale Price: |
$7,495,000 |
| Unit Price: |
$168.81 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Sale Terms: |
Cash to Seller |
| Average Occupancy Rate: |
100 |
| Last Updated: |
3/16/2023 |
Overview / Comments
Recent Rent Comparables in the $25-$35 psf. net, net, net.
Tenants: Home Goods, Party City, Jersey Mikes, The Micro Brewery Tea Co. and Circuitry.
IN THE HEART OF MANDEVILLE NATIONAL RETAIL TENANT CORRIDOR
|
Current Tenants
| Tenant Business Name |
Home Goods |
| Is Renting? |
Yes |
| Suite Number |
3337 |
| SF of Space Occupied |
25,000 SF |
| Options |
Yes |
| Tenant Notes |
Tenant spent out of their pockets, for Tenant improvements Over $935,000.00
|
| Tenant Business Name |
Party City |
| Is Renting? |
Yes |
| Suite Number |
3349 |
| SF of Space Occupied |
12,500 SF |
| Options |
Yes |
| Tenant Notes |
Tenant spent out of their pockets, for Tenant improvements, over $225,000.00
|
| Tenant Business Name |
Jersey Mikes |
| Is Renting? |
Yes |
| Annual Revenue |
$27,000 (Annual) |
| Suite Number |
3339 |
| SF of Space Occupied |
1,600 SF |
| Options |
Yes |
| Tenant Notes |
Tenant out of his pocket spent on tenant improvements, over $200,000.00 |
| Tenant Business Name |
MIcro-Brewery Tea Co. |
| Is Renting? |
Yes |
| Suite Number |
3317 |
| SF of Space Occupied |
1,600 SF |
| Options |
Yes |
| Tenant Notes |
Tenant spent out of there pocket over $125,000.00 in Tenant improvements. |
| Tenant Business Name |
Circuit Tree Device Repair |
| Is Renting? |
Yes |
| Suite Number |
3339 |
| SF of Space Occupied |
1,800 SF |
| Options |
Yes |
| Tenant Notes |
Tenant paid for tenant improvements. |
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Saint Tammany |
| Tax ID/APN: |
1140288144 |
| Zoning: |
HC2 |
| Retail Clientele: |
General, Family, Business, Recreation, Other |
| Property Located Between: |
U. S. Highway 190 & Causeway Boulevard |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
U. S. HIGHWAY 190 |
| Traffic/Vehicle Count: |
50,000 |
| Total Number of Buildings: |
1 |
| Property Condition: |
Excellent |
| Roof Type: |
Arched |
| Exterior Description: |
Brick, and Stucco |
| Parking Type: |
Surface |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Interior Description: |
EVERY TENANT WITHIN SUBJECT PROPERTY PAID FOR THEIR ENTIRE BUILD OUT. |
| Zoning Description: |
HC2 |
| Lot Frontage: |
400+ |
| Lot Depth: |
348' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Ingress/Egress |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,809 |
40,708 |
63,589 |
| Median Age: |
43.32 |
41.76 |
40.2 |
| Households: |
3,705 |
15,481 |
23,891 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
|
