Listing Agency: Marcus & Millichap - Atlanta d***@marcusmillichap.com Show Phone

Listed By: Don McMinn · License #GA 292036

Source: Crexi

Added: Apr 24 Changed: Aug 8 Last Checked: Jul 21 at 7:12AM

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Investment Insights

Based on property information with market context.

This for-sale retail property is identified as a grocery and convenience store asset, offering a total building size of 10,640 square feet. The offering materials list a 6.65% cap rate.

The property is located at 1330 Gum Cove Rd in Vinton, Louisiana (70668).

Key Highlights

• Grocery/convenience retail property for sale totaling 10,640 sq ft
• Stated 6.65% cap rate

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency HVAC Service Restaurant Spa & Massage Center Building Supply Nail Salon

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

111

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 70668, LA

6,576

Population

2,650

Households

2.5

Avg Household Size

38

Median Age

10%

College-Educated

88%

High-School Grad

141.0 sq mi

ZIP Area

47

Density / Sq Mi

$48,492

Median Household Income

$32,854

Median Earnings

$957

Median Rent

$141,800

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

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - For-sale grocery/convenience retail property totaling 10,640 sq ft with stated 6.65% cap rate.

Where is this grocery and convenience store located?

The property is located at 1330 Gum Cove Rd Vinton, LA.

What are key features of this property?

This property features: Grocery/convenience retail property for sale totaling 10,640 sq ft; Stated 6.65% cap rate