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    OFF-MARKET
    Retail properties & Spaces

    1112 Stumpf Blvd, Gretna, LA 70053

    10,588 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents the chance to acquire a well-established grocery store in Gretna, Louisiana. Located at 1112 Stumpf Blvd, this 10,588 square foot retail property boasts 100% occupancy and is priced at $925,000 ($87.36/sq ft). Established in 1999, the business enjoys a loyal customer base, including out-of-state clientele. Its prime location on Stumpf Boulevard, one block from the Westbank Expressway, ensures high visibility and traffic. The property benefits from proximity to major retailers such as Cavender's, Academy Sports + Outdoors, Floor & Decor, and Dollar General. The sale includes the land, building, inventory, fixtures, furniture, and equipment (FF&E). The store offers a diverse product range, including fresh pickled meats and vegetables, wine, liquor, beer, cigarettes, and confectionery. All necessary permits and licenses are current. On-site parking accommodates approximately eight vehicles. A 7' x 9' ground-level overhead door provides rear storage access. Detailed financial information is available upon request after signing a non-disclosure agreement (NDA).

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 10,588 SF
    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
    • Sal's Super Meat Market Take-out & Catering Butcher
    Value estimations
    Realmo proprietary · 4 methods
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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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