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Grocery-Anchored Shopping Center
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2950 Ryan St, Lake Charles, LA 70601

Grocery-anchored shopping center with Market Basket tenancy since 1986 and strong visibility to Highway 385.

Property Size1,000 SF
Days on Market409

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
Listing Agency: TCP Realty Services
Listed By: Rubin Kremling
Source: Moodyscre
Added: Jun 20, 2025 Changed: Jul 31 Last Checked: Aug 2 at 10:08AM

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

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.

Key Highlights

  • Market Basket anchor has occupied the property since 1986
  • Approximately 95% occupied shopping center
  • Maximum visibility to Highway 385

Property Analytics

Current Use

Wingstop Restaurant Thighstop Restaurant Five Guys Restaurant

Suggested Use

Top Pick Parking Lot & Garage Florist Acupuncture Butcher Cafe & Coffee Shop Tanning 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.

Lease Details

95%
Occupancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,237
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 45% Hotels & Casinos 2%
Chase Bank Shops & Services
6,255 visits/mo 0.3 miles
Wendy's Dining
5,828 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
1,473 visits/mo 0.2 miles
SUBWAY Dining
804 visits/mo 0.2 miles
Howard Johnson Hotels & Casinos
335 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

Lease Benchmarks for Lake Charles, LA

$23.32 /SF/Yr
Avg Asking Price
$13.33–$34 /SF/Yr
Price Range
7,295 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Prien Lake Mall — 496 W Prien Lake Rd, Lake Charles, LA 70601
  • Southgate Shopping Center — 2710 Ryan St, Lake Charles, LA 70601
  • Sunglass Hut — 464 W Prien Lake Rd Spc D1, Lake Charles, LA 70601
  • Tienda — 684 W Prien Lake Rd, 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
(713) 243-6850 Call to check price and availability
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