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    OFF-MARKET
    Retail properties & Spaces

    3030 La-14, Lake Charles, LA 70601

    10,064 SF
    Property ID
    Property summary
    AI-generated overview

    This 10,064 square foot free-standing retail building in Lake Charles, Louisiana, presents a compelling investment opportunity. Completely renovated in 2021, the property boasts a new roof, walls, lighting, electrical, and HVAC systems. The interior layout is highly functional, featuring a spacious sales floor or showroom, two offices, a substantial stockroom/storage area with an 8x8 roll-up door and approximately 15-foot ceilings, and two restrooms. Additional amenities include a break room, security room, and server room, enhancing operational efficiency. Located on a 0.72-acre lot at 3030 LA-14, the property benefits from excellent visibility and convenient access to Gerstner Memorial Highway (LA Hwy 14), just north of the I-210 Loop. The property is zoned for business use and offers a turnkey solution for a variety of retail ventures. Lake Charles's diverse economy, including significant petrochemical and gaming industries, ensures a robust market. The asking price is $1,185,000, translating to $117.75 per square foot. This property is currently vacant, providing immediate occupancy for a new tenant or owner-operator. The strategic location and recent renovations make this an exceptional opportunity for investors seeking a high-return retail asset in a thriving Louisiana market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 10,064 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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