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    411 Palace Dr Hammond, LA

    For Lease
    $16 SF/Yr ($3,628 /Mo)

    Two move-in ready retail suites available for lease.

    Property size:
    2,721 SF
    Lot size:
    9.98 Acres

    Property Features for 411 Palace Dr

    General Information

    Size
    2,721 SF
    Lot size
    9.98 Acres

    Source: Stirling | New Orleans Agent Rhonda Sharkawy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Spaces in Hammond Square

    Two retail suites are available for lease. One suite, formerly Bra La Vie, offers 1,721 square feet in excellent, move-in ready condition as an end-cap space. Adjacent to it is a 1,000-square-foot suite, previously Popcorn Bistro, also move-in ready. The suites can be combined to create a single space of up to 2,721 square feet. The property is part of the redeveloped Hammond Square, originally a 430,000-square-foot mall, now a combination power/lifestyle open-air center twice its original size. Hammond Square is positioned on US 51 Business (SW Railroad Avenue), providing access and visibility to Interstate 12. The location is near Southeastern Louisiana University, with an enrollment of nearly 14,800 students as of Spring 2025, and North Oaks Medical Center, the largest hospital in Tangipahoa Parish, employing over 2,600 individuals. Anchors include The Home Depot, Target, JCPenney, Dillard’s, Academy Sports + Outdoors, AMC Theatres, Best Buy, T.J.Maxx, HomeGoods, Michaels, Books-A-Million, SHOE DEPT. Encore, PetSmart, Old Navy, ULTA Beauty, and Five Below.
    Location Intelligence

    Current Use by Public Records

    Hammond Square Shopping Mall

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Magnolia Place, Hammond Crossroads, Palace View Plaza - Hammond, Hammond Square

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Tangipahoa
    State
    Louisiana
    Longitude
    -90.4611995
    Latitude
    30.5043583

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    FAQs

    What type of property is this?
    Shopping center - Two move-in ready retail suites available for lease.
    Where is this shopping center located?
    The property is located at 411 Palace Dr Hammond, LA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready condition for suites, including a 1,721 SF former Bra La Vie and 1,000 SF former Popcorn Bistro.; - Suites can be combined for a total of 2,721 SF.; - Located in Hammond Square, a large open-air center.
    (504) 620-8145
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    Hammond, LA
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    411 Palace Dr Hammond, LA
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