Ashley HomeStore
42774 Merchant St, Ponchatoula, LA 70454
For Sale
Contact for pricing
A single-tenant absolute NNN lease runs through January 31, 2031, with four five-year renewal options.
Property Size70,000 SF
Lot Size7.46 Acres
Price / SF$94.44
Days on Market27
Property Features for 42774 Merchant St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Traffic Count
Highway Access
Additional Details
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License LA SA584876000
(602) 538-7155
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:51PM
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 Cushman & Wakefield - Phoenix, Arizona
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Investment Insights
Based on property information with market context.
Built in 2009, the ±70,000-square-foot showroom occupies ±7.46 acres in Ponchatoula, Louisiana. Ashley HomeStore has operated at the property since January 9, 2019. The absolute NNN lease is guaranteed by Dufresne Spencer Group Holdings, LLC and expires January 31, 2031, with four five-year renewal options. Annual rent increases begin February 1, 2027, at the lesser of 1.375% or 1.25x CPI, and continue annually thereafter.
At 42774 Merchant Street, the property sits just off Interstate 12, which carries approximately 55,362 vehicles per day, and has access to Interstate 55. Hammond Square, a 900,000-square-foot shopping destination with more than 40 stores and restaurants, is approximately eight miles away. The surrounding market includes approximately 21,466 residents within a five-mile radius.
At 42774 Merchant Street, the property sits just off Interstate 12, which carries approximately 55,362 vehicles per day, and has access to Interstate 55. Hammond Square, a 900,000-square-foot shopping destination with more than 40 stores and restaurants, is approximately eight miles away. The surrounding market includes approximately 21,466 residents within a five-mile radius.
Key Highlights
- ±70,000‑square‑foot Ashley HomeStore showroom on ±7.46 acres
- Absolute NNN lease guaranteed by Dufresne Spencer Group Holdings, LLC
- Lease expires January 31, 2031, with four five‑year renewal options
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
55,362 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70454, LA
32,154
Population
14,132
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
174.6 sq mi
ZIP Area
184
Density / Sq Mi
$70,560
Median Household Income
$46,159
Median Earnings
$1,124
Median Rent
$219,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Showroom - A single-tenant absolute NNN lease runs through January 31, 2031, with four five-year renewal options.
Where is this showroom located?
The property is located at 42774 Merchant St Ponchatoula, LA.
What is the asking price?
The asking price for this property is $6,610,539.
What are key features of this property?
This property features: ±70,000‑square‑foot Ashley HomeStore showroom on ±7.46 acres; Absolute NNN lease guaranteed by Dufresne Spencer Group Holdings, LLC; Lease expires January 31, 2031, with four five‑year renewal options
