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Retail Storefront with Long-Term Tenant
For Sale
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Pending

321 Magnolia Ave, Boutte, LA 70039

Single-tenant retail storefront occupied on a modified gross lease through 2024 with an extension option.

Property SizeContact for details
Days on Market144

Property Features for 321 Magnolia Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Acres Realty LLC
Listed By: Ross Perez · License #728384
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Aug 31 at 5:20AM

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 Acres Realty LLC

Investment Insights

Based on property information with market context.

This property is a retail storefront currently occupied by DSI Performance Parts and Accessories. The tenant is in-place under a modified gross (MG) lease that ends in 2024, with an option to extend for an additional five years. The tenant is covering all expenses except taxes and maintenance, and has been at the location for over 15 years. The property is reported to be in fantastic condition and is described as needing no major repairs.

The offering is located at 321 Magnolia Ave in Boutte, Louisiana.

For buyers or tenants evaluating a retail acquisition, the practical setup is a long-tenured, single-occupant arrangement with MG expense responsibility in place and defined lease term/extension timing.

Key Highlights

  • Single‑tenant retail storefront occupied by DSI Performance Parts and Accessories on a modified gross (MG) lease.
  • Lease ends in 2024 with an option to extend for 5 years.
  • Tenant covers all expenses except taxes and maintenance under the modified gross structure.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Storage Facility Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Popeyes Louisiana Kitchen Dining
10,463 visits/mo 0.5 miles
Wendy's Dining
7,817 visits/mo 0.4 miles
Shell Shops & Services
7,488 visits/mo 0.2 miles
Mobil Shops & Services
5,418 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
2,173 visits/mo 0.2 miles

Demographics for 70039, LA

2,800
Population
834
Households
3.4
Avg Household Size
34
Median Age
16%
College-Educated
87%
High-School Grad
13.4 sq mi
ZIP Area
209
Density / Sq Mi
$77,868
Median Household Income
$24,970
Median Earnings
$1,232
Median Rent
$243,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant retail storefront occupied on a modified gross lease through 2024 with an extension option.
Where is this retail space located?
The property is located at 321 Magnolia Ave Boutte, LA.
What are key features of this property?
This property features: Single‑tenant retail storefront occupied by DSI Performance Parts and Accessories on a modified gross (MG) lease.; Lease ends in 2024 with an option to extend for 5 years.; Tenant covers all expenses except taxes and maintenance under the modified gross structure.
More about this property
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