Shopping Center for Sale
Catylist Listing ID: 30843646
Property Subtypes: Strip Center
Building Size (RSF): 4,800 SF
Gross Land Area: 20,000 SF
Sale Price: $708,900
Unit Price: $147.69 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN)
Building Name: 190 Center
Usable Size (USF): 4,800 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Average Occupancy Rate: 75
Last Updated: 5/30/2023

Overview / Comments

Well Built (2005), aesthetic design (brick, stucco & glass facade) currently 75% leased.Parking (19 spaces) exceeds City of Slidell Requirements. Two-(2) ingress & egress driveways on Highway 190. This is a clear span construction which could be used for single use tenant, currently divided into 4 rental units. Three-(3) of the A/C units have been recently replaced, and the sewerage treatment system has been completely refurbished.

A $10K steel panel hurricane system comes with the building (protects the glass).New construction proposed on the adjacent property and in the area. High traffic count on Highway 190 (Gause Blvd West) and easy access to I-12. One of the owners has been in business at this location for over 18 years and will be retiring out.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Taxing Authority: St. Tammany Parish/City of Slidell
Tax ID/APN: 1240704563
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Highway 190 (Gause Blvd West)
Feet of Frontage: 101
Airports: Ingress & Egress on two-(2) driveways on US Hwy 190
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2005
Roof Type: Other
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Brick, Stucco and Glass
Parking Ratio: 4.8 (per 1000 SF)
Parking Type: Surface
Parking Description: Standard Parking Spaces,
Total Parking Spaces: 19
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,175 26,188 71,130
Median Age: 34.76 36.99 37.76
Households: 1,441 9,575 26,266


Photograph of Listing Agent

RJ Comeaux

Bankers Real Estate Slidell, LA 70460
LACDB Member
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