For Lease
$0-$24 /SF/YR

1539 Martin Luther King BlvdHouma, LA 70360

Grocery-anchored center; 11,000 SF available

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail property, the Houma Shopping Center, presents a prime investment opportunity in Terrebonne Parish's thriving retail hub. Located in Houma, the largest city in the parish and the principal city of the Houma-Bayou Cane-Thibodaux Metropolitan Statistical Area, this single-story, 286,905 square foot community center boasts a strong tenant mix. The center is anchored by major national retailers including Walmart Supercenter, HomeGoods, Planet Fitness, Petco, and Marshalls, ensuring high foot traffic and visibility. Currently, there are two spaces available, ranging from 3,000 to 8,000 contiguous square feet, totaling 11,000 square feet of vacant space. The property sits on a substantial 29.79 acres of land, providing ample parking and potential for future expansion. Its strategic location is further enhanced by the proximity of other major national retailers such as Lowe's, The Home Depot, Target, and Best Buy, as well as popular restaurants including Outback Steakhouse, Chili's, and Chick-fil-A, creating a synergistic retail environment. This well-established center offers a unique opportunity to capitalize on a strong retail market within a densely populated area. The property's size and location make it ideal for a variety of retail uses.

Highlights

  • Retail property totaling 286,905 square feet.
  • Grocery-anchored power center with multiple tenants.
  • 11,000 square feet of vacant space available, divisible in 3,000-8,000 square foot units.
  • Situated on a 29.79-acre lot in Terrebonne Parish, LA.
  • Strong tenant mix including Walmart, HomeGoods, Planet Fitness, Petco, and Marshalls, with additional national retailers nearby.

Property Details for 1539 Martin Luther King Blvd

Property type
Power centers, Community centers
RSF (Rentable sq. ft)
286,905 SF
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite 117
Size
3,000 SF
Rate per SF
$24
Space
Suite 116
Size
8,000 SF

Location Insight

City
Houma
County
Terrebonne Parish
State
Louisiana
Latitude
29.60809979
Longitude
-90.74918779
1539 Martin Luther King Blvd, Houma, Louisiana

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1539 Martin Luther King Blvd
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