Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Gramercy Retail Investment Opportunity Title is generated by Realmo AI

    310 E Main St, Gramercy, LA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Single tenant NNN investment property with long-term tenancy history.

    Type:RETAIL
    Lot size:
    0.35 Acres
    Added:
    Jan 17, 2025
    Days on Market:
    509
    Last Refresh:
    May 20 at 9:17 pm

    Property Features for 310 E Main St

    General Information

    Standard status
    Active
    Lot size
    0.35 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Aaron Kazanoff
    Aaron Kazanoff

    Listing agent Aaron Kazanoff License #995700882

    Listing office ben + burka

    Listing date Jan 17, 2025

    Source Moodyscre

    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 ben + burka

    HighLights

    • Stabilized NNN investment property with a long‑term tenant (Variety Wholesalers/Roses Express) since 1989.
    • Recently extended 5‑year lease term (2021) with no plans for tenant relocation.
    • Tenant is a large national retailer with plans to expand.
    • New roof (c. 2022) and major renovation after Hurricane Ida.
    • Strong street presence on Main Street and ample off‑street parking.
    • Located in Gramercy, providing one of the only shopping outlets in the area.

    Overview

    Located at 310 E Main Street in Gramercy, Louisiana, this property presents a stabilized single-tenant NNN investment opportunity. The tenant, Variety Wholesalers (operating as Roses Express), has a strong tenancy history at this site since 1989 and operates hundreds of stores nationwide. Variety Wholesalers recently announced plans to purchase an additional 200-400 former Big Lots stores throughout the nation. The lease was recently extended for a new 5-year term in 2021, and the tenant has no plans of relocating. The property encompasses nearly 15,000 square feet and features ample off-street parking and a strong street presence along Main Street. A new roof was installed around 2022, and the building underwent a major renovation after Hurricane Ida to modernize and repair it. The tenant is currently paying $38,500 per year plus NNN, in addition to a percentage rent which has recently averaged approximately $1,200 per year. The site is located in Gramercy and provides one of the only shopping outlets in the area. Gramercy is located between New
    Property Profile Location Intelligence

    Current Use by Public Records

    Rose's Discount Store Discount Store Rose's Discounts Department Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Flower Basket of Lutcher — 1940 W Main St, Lutcher, LA 70071

    Location Insight

    • Map
    • Local Demand
    City
    Gramercy
    County
    St. James
    State
    Louisiana
    Longitude
    -90.6918
    Latitude
    30.0466

    Nearby Similar for Sale

    • $225,000
      1,502 SF

      Main Street Commercial Space

      Versatile commercial space in the heart of Gramercy.
      224 E MAIN Street, Gramercy, LA 70052
      View Details
    • $250,000
      8,115 SF

      Versatile Warehouse on Airline Avenue

      Warehouse with development potential in a high-traffic retail corridor.
      815 N Airline Ave, Gramercy, LA 70052
      View Details

    FAQs

    What type of property is this?
    Storefront property - Single tenant NNN investment property with long-term tenancy history.
    Where is this storefront property located?
    The property is located at 310 E Main St Gramercy, LA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Stabilized NNN investment property with a long‑term tenant (Variety Wholesalers/Roses Express) since 1989.; Recently extended 5‑year lease term (2021) with no plans for tenant relocation.; Tenant is a large national retailer with plans to expand.
    (512) 799-3069 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Aaron Kazanoff
    Aaron Kazanoff
    Real Estate License ID: 995700882
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    310 E Main St, Gramercy, LA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!