Partially Leased Shopping
For Sale
Contact for pricing
112 W Main St, Homer, LA 71040
Shopping center at 78% occupancy with a new roof over 88% of the center and a new parking lot from 2020.
Property SizeContact for details
Days on Market121
Property Features for 112 W Main St
General Information
Standard status
Active
Property subtype
Retail
Occupancy
78%
Additional Details
Cap Rate
13%
Listing Agency:
Brookwood Capital Advisors - Hamd
Listed By:
Ben Hamd · License #VA 02260227550
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 5:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brookwood Capital Advisors - Hamd
Investment Insights
Based on property information with market context.
Brookwood Capital presents a value-add shopping center for sale at 112 W Main St in Homer, LA. The property is currently 78% occupied. Recent improvements include a new roof over 88% of the shopping center and a new parking lot installed in 2020. The tenant base includes necessity-based retailers, with 60% of tenants having been in the center for more than 18 years.
The seller has indicated the offering is priced at a 13% cap rate, or the property will be sold at auction on July 17th–19th to the highest bidder. Pre-auction offers are encouraged and the deal is noted as negotiable. Further information is available by calling 202-525-8991 or emailing [email protected].
The seller has indicated the offering is priced at a 13% cap rate, or the property will be sold at auction on July 17th–19th to the highest bidder. Pre-auction offers are encouraged and the deal is noted as negotiable. Further information is available by calling 202-525-8991 or emailing [email protected].
Key Highlights
- 78% occupied neighborhood grocery shopping center in Homer, LA
- New roof installed over 88% of the shopping center
- New parking lot installed in 2020
Property Analytics
Current Use
Lease Details
78%
Occupancy
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Groceries 43%
Piggly Wiggly
Groceries
3,970 visits/mo
0.0 miles
Sunrise Bakery
Dining
2,201 visits/mo
0.4 miles
Pizza Pro
Dining
1,716 visits/mo
0.5 miles
Krispy Krunchy Chicken
Dining
1,359 visits/mo
0.4 miles
Demographics for 71040, LA
8,288
Population
3,416
Households
2.4
Avg Household Size
44
Median Age
11%
College-Educated
79%
High-School Grad
293.2 sq mi
ZIP Area
28
Density / Sq Mi
$31,962
Median Household Income
$21,936
Median Earnings
$680
Median Rent
$76,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Nanapuddins llc — 510 N Main St, Homer, LA 71040
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center at 78% occupancy with a new roof over 88% of the center and a new parking lot from 2020.
Where is this shopping center located?
The property is located at 112 W Main St Homer, LA.
What are key features of this property?
This property features: 78% occupied neighborhood grocery shopping center in Homer, LA; New roof installed over 88% of the shopping center; New parking lot installed in 2020
