Grocery-Anchored Shopping
For Lease
Contact for pricing
2950 Ryan St, Lake Charles, LA 70601
Grocery-anchored shopping center with Market Basket tenancy since 1986 and strong visibility to Highway 385.
Space Size1,000 SF
Days on Market500
Property Features for 2950 Ryan St
General Information
Standard status
Active
Size
1,000 SF
Property subtype
RETAIL
Occupancy
95%
Additional Details
Highway Access
Yes
Spaces For Lease
at 2950 Ryan St
2950 Ryan St
AVAILABLE, Now
Floor
1
Size
1,000 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- A grocery anchored shopping center in the heart of Lake Charles, Louisiana between Interstate 10 and 210. The Property is anchored by Market Basket, the #1 grocer in Lake Charles (34.5% market share) which enjoys a strong sales track record with consistently increasing sales and has occupied the Property since 1986. Southgate Shopping Center is approximately 95% occupied and has maintained a long and successful history as one of the premier shopping destinations in the Lake Charles MSA. The Property serves as the closest shopping destination to downtown and enjoys maximum visibility to Highway 385 with convenient access to many of the city’s major employment centers and residential neighborhoods.
Contact us
Listing Agency:
TCP Realty Services
(214) 414-7989
Listed By:
Rubin Kremling
(713) 243-6850
Source:
Moodyscre
Added: Jun 20, 2025
Changed: Oct 25
Last Checked: Oct 30 at 5:20PM
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 TCP Realty Services
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Investment Insights
Based on property information with market context.
Southgate Shopping Center is a grocery-anchored shopping center in the heart of Lake Charles, Louisiana, located between Interstate 10 and 210. The property is anchored by Market Basket, a grocery tenant that has occupied the center since 1986. Public remarks also note Market Basket’s strong sales track record and increasing sales, with a listed 34.5% market share in Lake Charles.
The center is approximately 95% occupied and has maintained a long, successful operating history as a shopping destination serving the Lake Charles MSA. The property is described as the closest shopping destination to downtown and as having maximum visibility to Highway 385. Convenient access to major employment centers and residential neighborhoods is also referenced.
The shopping center’s configuration and current leasing support an environment designed for ongoing retail demand around a primary grocery anchor.
The center is approximately 95% occupied and has maintained a long, successful operating history as a shopping destination serving the Lake Charles MSA. The property is described as the closest shopping destination to downtown and as having maximum visibility to Highway 385. Convenient access to major employment centers and residential neighborhoods is also referenced.
The shopping center’s configuration and current leasing support an environment designed for ongoing retail demand around a primary grocery anchor.
Key Highlights
- Market Basket anchor has occupied the property since 1986
- Approximately 95% occupied shopping center
- Maximum visibility to Highway 385
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
95%
Occupancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,483
Businesses Nearby
331k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 31%
Dining 25%
Shops & Services 24%
Leisure 7%
DICK'S Sporting Goods
Apparel
58,245 visits/mo
0.5 miles
Kohl's
Apparel
27,013 visits/mo
0.4 miles
Cinemark Lake Charles and XD
Leisure
23,208 visits/mo
0.4 miles
Market Basket Foods
Groceries
22,498 visits/mo
0.1 miles
Books-A-Million
Shops & Services
21,151 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lake Charles, LA
$20.86 /SF/Yr
Avg Asking Price
$10–$34 /SF/Yr
Price Range
51,213 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Tienda — 684 W Prien Lake Rd, Lake Charles, LA 70601
- Prien Lake Mall — 496 W Prien Lake Rd, Lake Charles, LA 70601
- Sunglass Hut — 464 W Prien Lake Rd Spc D1, Lake Charles, LA 70601
- Southgate Shopping Center — 2710 Ryan St, Lake Charles, LA 70601
- Palm Plaza — Lake Charles, LA 70601
Frequently Asked Questions
What type of property is this?
Shopping center - Grocery-anchored shopping center with Market Basket tenancy since 1986 and strong visibility to Highway 385.
Where is this shopping center located?
The property is located at 2950 Ryan St Lake Charles, LA.
What are key features of this property?
This property features: Market Basket anchor has occupied the property since 1986; Approximately 95% occupied shopping center; Maximum visibility to Highway 385
