National-Tenant Shopping
For Sale
Contact for pricing
Pending
1702 W Prien Lake Rd, Lake Charles, LA 70601
Established retail center with national tenants, long-standing anchors, and substantial occupancy.
Property SizeContact for details
Days on Market142
Property Features for 1702 W Prien Lake Rd
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
94%
Building Details
Tenancy
Multi
Listing Agency:
Palomar Real Estate Group
Listed By:
Steve Collins · License #GA 317459
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:20AM
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 Palomar Real Estate Group
Investment Insights
Based on property information with market context.
Prien Lake Shopping Center is a retail investment property at 1702 W Prien Lake Rd in Lake Charles, Louisiana. The center is 94% occupied, and national tenants account for 80% of gross leasable area. Anchor occupants have remained at the property since at least 2003, while half of the tenant roster has maintained occupancy for at least 10 years.
Lease duration provides additional operating continuity. Tenants occupying over 70% of GLA have lease terms extending to at least 2026, and every anchor tenant has term through at least 2026. All tenants have lease terms extending to at least 2024, limiting short-term rollover exposure across the center.
Lease duration provides additional operating continuity. Tenants occupying over 70% of GLA have lease terms extending to at least 2026, and every anchor tenant has term through at least 2026. All tenants have lease terms extending to at least 2024, limiting short-term rollover exposure across the center.
Key Highlights
- 94% occupied retail shopping center
- National tenants occupy 80% of GLA
- Over 70% of GLA has lease term until at least 2026
Property Analytics
Property Profile
Current Use
Lease Details
94%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Hotels & Casinos 6%
Dining 4%
Home Improvements & Furnishings 3%
Chase Bank
Shops & Services
12,398 visits/mo
0.4 miles
Dollar General
Shops & Services
9,871 visits/mo
0.2 miles
Exxon
Shops & Services
7,865 visits/mo
0.5 miles
Bolton Ford, L.L.C
Shops & Services
6,203 visits/mo
0.2 miles
Conoco
Shops & Services
5,661 visits/mo
0.5 miles
Demographics for 70601, LA
34,571
Population
16,811
Households
2.1
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
16.1 sq mi
ZIP Area
2,147
Density / Sq Mi
$49,545
Median Household Income
$34,044
Median Earnings
$938
Median Rent
$164,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Wilshire Plaza Shopping Center — Wilshire Plaza Shopping Center, 2004 E College St, Lake Charles, LA 70607
Frequently Asked Questions
What type of property is this?
Shopping center - Established retail center with national tenants, long-standing anchors, and substantial occupancy.
Where is this shopping center located?
The property is located at 1702 W Prien Lake Rd Lake Charles, LA.
What are key features of this property?
This property features: 94% occupied retail shopping center; National tenants occupy 80% of GLA; Over 70% of GLA has lease term until at least 2026
