For Sale
$388,000

1525 Lapalco BlvdHarvey, LA 70058

High-traffic, renovated end-cap retail space.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 2,500 square foot end-cap unit within a condo shopping center at 1525 Lapalco Boulevard, Suites 1 & 2, Harvey, LA 70058. Currently operating at 100% occupancy with a tenant in place, this property offers a strong return on investment. The asking price is $388,000, translating to $155.20 per square foot. The property boasts a prime location, just one block from the major intersection of Manhattan Boulevard and Lapalco Boulevard, benefiting from high visibility and significant daily traffic exceeding 42,000 vehicles. Recent renovations ensure the space is in excellent condition, ready for immediate income generation. Features include ample parking, prominent pylon signage, and the advantage of being an end-cap unit. The property is classified as a retail shopping center with a modified lease type and single tenancy. This fully equipped space presents a unique opportunity for a restaurant or bar, given its current tenant's use. Detailed financial information is available upon request. Don't miss this chance to acquire a thriving retail property in a high-demand location.

Highlights

  • 2,500 SF end-cap retail condo unit in Harvey, LA.
  • 100% occupied with existing tenant; asking price $388,000 ($155.20/SF).
  • Prime location at 1525 Lapalco Blvd, one block from Manhattan Blvd, high traffic area (42,000+ vehicles daily).
  • Recently renovated, excellent condition, immediate income generation.
  • Ample parking, pylon signage.

Property Details for 1525 Lapalco Blvd

Property type
Lifestyle centers, Power centers
Square Feet
2,500 SF

Location Insight

City
Harvey
County
Jefferson Parish
State
Louisiana
Latitude
29.8755912
Longitude
-90.0464735
1525 Lapalco Blvd, Harvey, Louisiana

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1525 Lapalco Blvd
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