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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

201 Hewitt Rd Hammond, LA 70403

Property ID
Property summary
AI-generated overview

This 1,490 square foot retail suite is located at 201 Hewitt Rd, Hammond, LA 70403, within a newly constructed building boasting approximately 21,486 daily vehicle views along the highly visible SW Railroad Avenue corridor. The space is situated in a single-tenant building and is delivered in shell condition, allowing for complete customization with Class A finishes. This exceptional opportunity benefits from co-tenancy with a dermatology clinic, ensuring a strong synergy and shared customer base. The property enjoys a strategic location, approximately two minutes from Interstate 12 and the Hammond Square Shopping Mall, providing easy access to major retailers such as Target, Home Depot, Dillard's, Academy, AMC Theatres, and a variety of popular dining establishments including Crumbl Cookies, Chipotle, and Raising Cane's. This area demonstrates robust demographics and high consumer demand, further enhanced by the presence of other prominent businesses like Starbucks, Chick-fil-A, and McDonald's in the immediate vicinity, guaranteeing consistent foot traffic and high visibility. An adjacent 10.97-acre pad site is also available for sale. The lease is a NNN type. This property presents a remarkable chance to establish a thriving retail presence in a thriving commercial area of Hammond, Louisiana.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Northshore Dermatology Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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