Freestanding Verizon Wireless
For Sale
$1,575,000
1330 Gause Blvd, Slidell, LA 70458
Freestanding Verizon Wireless property on a build-to-suit site with a new 10-year double-net lease in place.
Property Size2,500 SF
Lot Size0.86 Acres
Price / SF$630
Days on Market151
Property Features for 1330 Gause Blvd
General Information
Standard status
Active
Size
2,500 SF
Lot size
0.86 Acres
Property subtype
Electronics
Lease Type
NN
Amenities
Corporate Guaranty from Cellular Sales of Knoxville, Inc. — Unconditional and Absolute, Continuing Through All Renewals and Extensions
Five Years of Term with No Tenant Termination Right, Plus One Remaining Five-Year Option at a 7.94% Cap on the Offering Price
Ten-Year Operating History — Tenant Exercised Its Renewal Option in May 2026 After a Full Decade at the Location
22,900 Cars per Day on US-190 / Gause Boulevard — Slidell's Dominant Retail Corridor in the Affluent New Orleans Northshore
Building Details
Building Size
2,500 SF
Year Built
2016
Listing Agency:
Marcus & Millichap - Baton Rouge
Listed By:
Steve Greer · License #License(s): LA: BROK.995710346-ACT, AR: PB00098133
(225) 376-6729
Source:
Marcusmillichap
Added: Apr 10
Changed: Sep 6
Last Checked: Sep 7 at 4:46AM
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 Marcus & Millichap - Baton Rouge
Investment Insights
Based on property information with market context.
This freestanding Verizon Wireless location was constructed in 2016 as a build-to-suit for the tenant. The property includes a 10-year double-net lease that commenced in November 2016, with an additional renewal structure that includes two, five-year tenant renewal option periods. The option periods provide for rental increases of five percent in each five-year term, extending the total potential lease term to 20 years.
The site is positioned near Midtown Square Mall, a 150,000+ square foot retail center anchored by Hobby Lobby, Office Depot, and Harbor Freight. The broader retail corridor includes major national tenants such as Walmart, CVS, Walgreens, Lowe’s, The Home Depot, and more.
The building is on an approximately 0.86-acre parcel and was developed as state-of-the-art construction in 2016.
The site is positioned near Midtown Square Mall, a 150,000+ square foot retail center anchored by Hobby Lobby, Office Depot, and Harbor Freight. The broader retail corridor includes major national tenants such as Walmart, CVS, Walgreens, Lowe’s, The Home Depot, and more.
The building is on an approximately 0.86-acre parcel and was developed as state-of-the-art construction in 2016.
Key Highlights
- Freestanding Verizon Wireless building on a 0.86‑acre parcel; 2,500 rentable SF constructed in 2016
- Brand new 10‑year double‑net (NN) lease commenced November 2016
- Current annual rent of $108,000
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,502
Businesses Nearby
230k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 34%
Home Improvements & Furnishings 5%
Electronics 4%
Hobby Lobby
Shops & Services
36,316 visits/mo
0.4 miles
RaceTrac
Shops & Services
29,805 visits/mo
0.4 miles
Panda Express
Dining
20,938 visits/mo
0.5 miles
Dollar Tree
Shops & Services
20,385 visits/mo
0.2 miles
Copeland's of New Orleans
Dining
15,996 visits/mo
0.0 miles
Demographics for 70458, LA
37,798
Population
17,026
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,809
Density / Sq Mi
$69,816
Median Household Income
$44,368
Median Earnings
$1,400
Median Rent
$227,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding Verizon Wireless property on a build-to-suit site with a new 10-year double-net lease in place.
Where is this storefront property located?
The property is located at 1330 Gause Blvd Slidell, LA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Freestanding Verizon Wireless building on a 0.86‑acre parcel; 2,500 rentable SF constructed in 2016; Brand new 10‑year double‑net (NN) lease commenced November 2016; Current annual rent of $108,000
