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    333 St Christopher Ave Gonzales, LA 70737

    For Sale
    $3,917,440

    100% Leased, High-Growth Location

    Property size:
    10,249 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10,249 square foot shopping center in Gonzales, Louisiana, presents a compelling investment opportunity. Located at 333 St. Christopher Ave within the thriving Heritage Crossing mixed-use development, this single-story, 2023-built property boasts 100% occupancy with four diverse tenants: Vicious Biscuit, Freshter, Knockouts Haircuts and Grooming, and Louisiana Casual Living. Each tenant is secured by a long-term lease (ranging from 6 to 10 years remaining) with personal guarantees, ensuring consistent income. The triple-net (NNN) lease structure minimizes landlord responsibilities, while bi-annual rent increases of $0.50 per unit provide built-in revenue growth. Benefiting from its shadow-anchored position to Alexander's Heritage Market, the center enjoys high visibility and significant daily traffic (approximately 40,000 cars). Situated on a 1.689-acre lot with 62 parking spaces, the property is zoned for mixed use and offers a strong return on investment with a 6.25% cap rate and a net operating income (NOI) of $244,840. The asking price is $3,917,440. This prime retail location in a rapidly growing area of Ascension Parish, Louisiana, offers exceptional stability and potential for long-term appreciation. The property features five units and is ideally positioned to benefit from the area's increasing population and household incomes. The lease commencement date is September 27, 2024, and the lease expiration date is December 31, 2031.

    Property Features for 333 St Christopher Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    10,249 SF
    Class
    A
    Lot Size
    73,573 SF

    Building Details

    Year Built
    1
    Buildings
    1
    Stories
    1
    Units
    5

    HighLights

    • 10,249 SF retail building in Gonzales, LA, part of the Heritage Crossing mixed‑use development.
    • 100% leased to Freshter, Knockouts Haircuts, Louisiana Casual Living, and Vicious Biscuit.
    • Long‑term leases (6‑10 years remaining) with tenant personal guarantees.
    • Triple Net (NNN) leases with $0.50 bi‑annual rent increases.
    • Shadow‑anchored to Alexander's Heritage Market, with high visibility and approximately 40,000 daily cars passing by.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Gonzales
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.922575
    Latitude
    30.209686

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    FAQs

    What type of property is this?
    Lifestyle center - 100% Leased, High-Growth Location
    Where is this lifestyle center located?
    The property is located at 333 St Christopher Ave Gonzales, LA.
    What is the asking price?
    The asking price for this property is $3,917,440.
    What are key features of this property?
    This property features: 10,249 SF retail building in Gonzales, LA, part of the Heritage Crossing mixed-use development.; 100% leased to Freshter, Knockouts Haircuts, Louisiana Casual Living, and Vicious Biscuit.; Long-term leases (6-10 years remaining) with tenant personal guarantees.
    Request Owner's contact information
    333 St Christopher Ave Gonzales, LA 70737
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    Gonzales, LA 70737
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    333 St Christopher Ave Gonzales, LA 70737
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