Grocery-Anchored Shopping
For Sale
Contact for pricing
Pending
951 3rd Ave, Lake Charles, LA 70601
Market Basket anchors the center, which offers additional leasing capacity within an established retail property.
Property Size65,636 SF
Days on Market144
Property Features for 951 3rd Ave
General Information
Standard status
Pending
Size
65,636 SF
Property subtype
Retail
Occupancy
80%
Additional Details
Anchor Co-Tenants
Market Basket
Building Details
Tenancy
Multi
Listing Agency:
Maestri Murrell Real Estate
(225) 298-1250
Listed By:
Jonathan Walker · License #LA 0000074518
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 12:15PM
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 Maestri Murrell Real Estate
Investment Insights
Based on property information with market context.
This shopping center contains 65,636 square feet and is anchored by Market Basket. Approximately 80% of the property is occupied, with the remaining 20% available for additional tenancy.
The center is located at 951 3rd Ave in Lake Charles, Louisiana, approximately one mile from I-10. Market Basket has served as the grocery anchor for 54 years, providing an established retail presence within the property.
The center is located at 951 3rd Ave in Lake Charles, Louisiana, approximately one mile from I-10. Market Basket has served as the grocery anchor for 54 years, providing an established retail presence within the property.
Key Highlights
- 65,636‑square foot grocery‑anchored shopping center
- Market Basket has served as the grocery anchor for 54 years
- Approximately 80% occupied with 20% vacancy
Property Analytics
Current Use
Lease Details
80%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Groceries 36%
Dining 4%
Apparel 3%
Market Basket Foods
Groceries
13,167 visits/mo
0.1 miles
Dollar General
Shops & Services
9,726 visits/mo
0.4 miles
Dollar Tree
Shops & Services
6,822 visits/mo
0.2 miles
Shell
Shops & Services
2,489 visits/mo
0.3 miles
Exxon
Shops & Services
1,662 visits/mo
0.5 miles
Demographics for 70601, LA
34,571
Population
16,811
Households
2.1
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
16.1 sq mi
ZIP Area
2,147
Density / Sq Mi
$49,545
Median Household Income
$34,044
Median Earnings
$938
Median Rent
$164,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Market Basket anchors the center, which offers additional leasing capacity within an established retail property.
Where is this shopping center located?
The property is located at 951 3rd Ave Lake Charles, LA.
What are key features of this property?
This property features: 65,636‑square foot grocery‑anchored shopping center; Market Basket has served as the grocery anchor for 54 years; Approximately 80% occupied with 20% vacancy
