For Sale
$499,900

12393 Lake Charles Hwy Leesville, LA 71446

High-yield retail center, 65% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
138
This prime Leesville, Louisiana shopping center presents a compelling investment opportunity. Located at 12393 Lake Charles Hwy, 71446, this single-story, 8,374 square foot property sits on a 2-acre lot and boasts 10 units within a single building. Currently operating at 65% occupancy, this multi-tenant retail center offers significant upside potential. The asking price is $499,900, translating to $59.70 per square foot. The property is connected to city water and sewer, providing essential infrastructure. The center's convenient location in Vernon Parish offers excellent visibility and accessibility for tenants and customers. This is an exceptional chance to acquire a well-situated retail property with strong potential for increased revenue and return on investment. The property's existing tenancy provides a stable income stream, while the available space offers opportunities for lease expansion and diversification. This is an ideal investment for those seeking a proven, income-generating asset in a growing market. The property's size and layout are well-suited for a variety of retail businesses, making it an attractive option for both current and prospective tenants.

Highlights

  • $499,900 asking price for this 8,374 square foot retail shopping center.
  • Multi-tenant property with 10 units, 65% occupancy.
  • Located at 12393 Lake Charles Hwy, Leesville, LA 71446, on a 2-acre lot.
  • Features city water and sewer.
  • Price per square foot is $59.70.

Property Details for 12393 Lake Charles Hwy

Property type
Lifestyle centers, Power centers
Square Feet
8,374 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
87,120 SF
Units
10

Location Insight

City
Leesville
County
Vernon Parish
State
Louisiana
Latitude
31.0767791
Longitude
-93.27283356

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, 65% occupied.
Where is the lifestyle center located?
The property is located at 12393 Lake Charles Hwy Leesville, LA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: $499,900 asking price for this 8,374 square foot retail shopping center.; Multi-tenant property with 10 units, 65% occupancy.; Located at 12393 Lake Charles Hwy, Leesville, LA 71446, on a 2-acre lot.
How can I contact the broker?
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12393 Lake Charles Hwy
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