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Subdividable Retail Building with Security
For Sale
$650,000

425 W Tunnel Blvd, Houma, LA 70360

Retail building built in 2001 offering three potential spaces and 24-hour access with on-site parking.

Property Size11,624 SF
Price / SF$55.92
Days on Market75

Property Features for 425 W Tunnel Blvd

General Information

Standard status Active
Size 11,624 SF
Occupancy 52%

Additional Details

Traffic Count 30,000 vehicles/day

Taxes and HOA fees

Annual Taxes $3,328

Amenities

security system
24-hour access
on-site parking
monument signage
flexible layout

Building Details

Year Built 2001
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Andrew Benoit-Naquin · License #362928
Source: Exprealty
Added: Jul 1 Changed: Sep 6 Last Checked: Sep 13 at 12:58PM

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 KELLER WILLIAMS REALTY BAYOU P

Investment Insights

Based on property information with market context.

425 W Tunnel Blvd is a built-in-2001 retail property configured as a flexible, value-add asset with a security system and 24-hour access. The building is currently 52% occupied by Rent-A-Center, providing in-place rental income. The space can also be subdivided into three separate areas, supporting additional leasing opportunities while maintaining the building’s overall retail character. On-site parking is available, and the property includes monument signage.

Located on a high-impact corner along Tunnel Boulevard in Houma’s main retail corridor, the property benefits from visibility to traffic counts exceeding 30,000 vehicles per day. It is positioned within minutes of major retailers including Walmart Supercenter, Target, Lowe’s, Planet Fitness, Starbucks, Chick-fil-A, and Chili’s.

At 11,624 square feet, the asset offers a mix of occupied space and additional potential for an owner-user or investor seeking to add tenants through a multi-space configuration.

Key Highlights

  • 11,624 SF retail building built in 2001 on a high‑impact corner along Tunnel Boulevard
  • 52% occupied by Rent‑A‑Center, providing in‑place rental income
  • Building can be subdivided into three separate spaces for additional leasing opportunities

Property Analytics

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Current Use

Rome Capital Management Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Storage Facility Acupuncture

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

30,000 VPD
Traffic count
52%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,402
Businesses Nearby

Demographics for 70360, LA

28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail building built in 2001 offering three potential spaces and 24-hour access with on-site parking.
Where is this retail space located?
The property is located at 425 W Tunnel Blvd Houma, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 11,624 SF retail building built in 2001 on a high‑impact corner along Tunnel Boulevard; 52% occupied by Rent‑A‑Center, providing in‑place rental income; Building can be subdivided into three separate spaces for additional leasing opportunities
More about this property
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