Retail Space in Shopping
For Sale
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1337 Gause Boulevard Unit 101, Slidell, LA 70458
NNN lease structure and nearby I-10 access complement a retail or service-oriented setting.
Property Size2,546 SF
Price / SF$0.66
Days on Market82
Property Features for 1337 Gause Boulevard Unit 101
General Information
Standard status
Active
Size
2,546 SF
Building Details
Year Built
2008
Listing Agency:
Southeast Commercial of MS, LLC
Listed By:
Matthew Eaton · License #000072493
(504) 339-2136
Source:
Fiorellaavenue
Added: Jul 28
Changed: Oct 17
Last Checked: Oct 7 at 4:09PM
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 Southeast Commercial of MS, LLC
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Investment Insights
Based on property information with market context.
Suite 101 is a retail space within a 7-unit shopping center anchored by Copeland's Restaurant. The property was built in 2008 and includes ample parking for center users. Its NNN lease structure is suited to retail or service-oriented business operations.
The site is positioned on Gause Boulevard near I-10, with surrounding national retailers and service providers including Jiffy Lube, Firestone Complete Auto Care, CVS, Verizon, Keesler Federal Credit Union, and Subway. The surrounding commercial mix places the suite within an established retail corridor serving Slidell.
The site is positioned on Gause Boulevard near I-10, with surrounding national retailers and service providers including Jiffy Lube, Firestone Complete Auto Care, CVS, Verizon, Keesler Federal Credit Union, and Subway. The surrounding commercial mix places the suite within an established retail corridor serving Slidell.
Key Highlights
- 1,340 SF retail space at 1337 Gause Boulevard Unit 101
- Located within a 7‑unit shopping center
- Shopping center anchored by Copeland's Restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,530
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,600
$510.6K
Cap Rate 7%
$364,714
$364.7K
Cap Rate 9%
$283,667
$283.7K
Market Conditions
NOI Build-Up for 2,546 SF
Gross rent
$38.2K $15.00/SF
− Vacancy
−$1.7K −$0.68/SF
EGI
$36.5K $14.33/SF
− OpEx
−$10.9K −$4.30/SF
NOI
$25.5K $10.03/SF
Area
St. Tammany County, LA
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,600
Cap Rate 7%
$364,714
Cap Rate 9%
$283,667
Alternative Uses
Best Use
Retail
$364.7K
$319.1K – $425.5K
NOI $25,530 @ 7.0% cap · market cap 1,524.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$27.45M
$24.02M – $32.02M
NOI $1,921,232 @ 7.0% cap · market cap 114,700.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
141k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 43%
Electronics 4%
Beauty & Spa 1%
Dollar Tree
Shops & Services
20,385 visits/mo
0.4 miles
Copeland's of New Orleans
Dining
15,996 visits/mo
0.2 miles
Exxon
Shops & Services
15,607 visits/mo
0.4 miles
Firehouse Subs
Dining
9,508 visits/mo
0.5 miles
SONIC Drive In
Dining
8,532 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - NNN lease structure and nearby I-10 access complement a retail or service-oriented setting.
Where is this retail space located?
The property is located at 1337 Gause Boulevard Unit 101 Slidell, LA.
What are key features of this property?
This property features: 1,340 SF retail space at 1337 Gause Boulevard Unit 101; Located within a 7‑unit shopping center; Shopping center anchored by Copeland's Restaurant
