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    4740 Nelson Rd Lake Charles, LA 70605

    Sponsored
    For Lease
    $33 SF/Yr

    Grocery-anchored retail space available.

    Lot size:
    26,449 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 26,449 square foot retail center in Lake Charles, Louisiana, anchored by a high-performing Kroger grocery store. Located at the prominent corner of Country Club Road and Nelson Road, this single-story building sits on a substantial 14.19-acre lot (618,263 square feet) and is zoned MU. Currently, there is 1,537 square feet of vacant retail space available, perfect for a variety of businesses. The property's strategic location offers unparalleled access, being approximately two miles south of Interstate 210 and a short five-minute drive from McNeese State University. This prime location benefits from a strong demographic profile, surrounded by newly developed multifamily and single-family residential communities boasting an average household income of $85,396. The high-traffic area and proximity to a major grocery store make this a highly desirable retail location in Lake Charles. The property's size and location make it an ideal investment for those seeking a stable, high-growth potential retail asset in a thriving market. This is a rare opportunity to acquire a well-positioned retail property in a rapidly developing area with significant upside potential. The existing infrastructure and strong tenant base provide a solid foundation for future growth and profitability.

    Property Features for 4740 Nelson Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,449 SF
    Total Rate
    72734.75

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 104
    Size
    1,537 SF
    Rate per SF
    $33

    HighLights

    • Grocery‑anchored retail center with a Kroger as the anchor tenant.
    • 26,449 total square feet, with 1,537 square feet currently available for lease.
    • Located at the corner of Country Club and Nelson Roads in Lake Charles, Louisiana.
    • Situated on a 14.19‑acre lot (618,263 square feet).
    • One‑story building with MU zoning in Calcasieu Parish.
    Property Profile Location Intelligence

    Current Use by Public Records

    Anytime Fitness Gym Wingstop Chicken Wings Restaurant Merkaba Ohr Health ... Health Consultant Kroger Deli Deli Nothing Bundt Cakes Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.250564
    Latitude
    30.171146

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    FAQs

    What type of property is this?
    Retail property - Grocery-anchored retail space available.
    Where is this retail property located?
    The property is located at 4740 Nelson Rd Lake Charles, LA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: Grocery-anchored retail center with a Kroger as the anchor tenant.; 26,449 total square feet, with 1,537 square feet currently available for lease.; Located at the corner of Country Club and Nelson Roads in Lake Charles, Louisiana.
    Request Owner's contact information
    4740 Nelson Rd Lake Charles, LA 70605
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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
    4740 Nelson Rd Lake Charles, LA 70605
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