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    2414 5Th St Leesville, LA 71446

    For Lease
    Contact for pricing

    Walmart Shadow Center; High-Traffic Retail Space

    Lot size:
    22,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Leesville Plaza presents a compelling investment opportunity in a thriving retail environment. This 22,160 square foot Walmart shadow center boasts a prime location along S 5th Street, the main retail corridor of Leesville. The center benefits from the significant traffic generated by the adjacent Walmart, attracting an estimated 2.6 million annual visits. This high visibility ensures strong foot traffic for all tenants. Currently, the center features a strong tenant mix, including established businesses like Petsense and Rent-A-Center. Tenants benefit from the synergistic effect of being located near other national retailers such as Ross Dress for Less, Lowe's, Tractor Supply, Goodwill, and Burke's, creating a robust and diverse shopping destination. The property comprises ten suites in total, with a maximum contiguous space of 3,680 square feet and two spaces currently available. This makes it ideal for a variety of retail businesses, healthcare providers, or restaurants seeking a high-traffic location with established neighboring businesses. The property's strategic placement within the main retail corridor and its proximity to a high-traffic Walmart store makes it an exceptional opportunity for businesses seeking significant exposure and customer reach in the Leesville market. The existing tenant mix provides a stable and attractive environment for new businesses to thrive.

    Property Features for 2414 5Th St

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,160 SF

    Unit(s) available at that property

    Space
    AVAILABLE (1)
    Size
    3,680 SF
    Space
    AVAILABLE (2)
    Size
    1,080 SF

    HighLights

    • High‑traffic Walmart shadow center with 2.6 million annual Walmart visits.
    • Strong tenant mix anchored by Petsense and Rent‑A‑Center.
    • Excellent Leesville location in a prime retail corridor near national retailers including Ross Dress for Less, Lowe's, and Tractor Supply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Claire's Fashion Accessories Store CPR Cell Phone ... Electronics Repair Shop Direct Loans Loan Agency Direct Payday Loans Loan Agency Rent-A-Center Furniture Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage 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
    Leesville
    County
    Vernon Parish
    State
    Louisiana
    Longitude
    -93.271784210323
    Latitude
    31.118209785219

    Nearby Comparable

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    Nearby Similar for Lease

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      Retail Space in Town Plaza

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      1710-1772 S 5Th St, Leesville, LA 71446
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    • $11 SF/Yr
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      Retail Space in Town Plaza

      Retail space available in a renovated shopping center near Fort Polk.
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    FAQs

    What type of property is this?
    Shopping center - Walmart Shadow Center; High-Traffic Retail Space
    Where is this shopping center located?
    The property is located at 2414 5Th St Leesville, LA.
    What are key features of this property?
    This property features: High-traffic Walmart shadow center with 2.6 million annual Walmart visits.; Strong tenant mix anchored by Petsense and Rent-A-Center.; Excellent Leesville location in a prime retail corridor near national retailers including Ross Dress for Less, Lowe's, and Tractor Supply.
    Request Owner's contact information
    2414 5Th St Leesville, LA 71446
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    Leesville, LA 71446
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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
    2414 5Th St Leesville, LA 71446
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