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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

771 Sterlington Hwy Farmerville, LA 71241

23,660 SF
Property ID
Property summary
AI-generated overview

Eagle Plaza, a thriving retail center in Farmerville, presents an exceptional opportunity for businesses seeking high visibility and foot traffic. This 23,660 square foot shopping center enjoys a prime location within the town's main retail corridor, directly benefiting from the substantial customer base of the adjacent, high-performing Walmart Supercenter, which boasts 1.2 million annual visits. The center offers multiple tenancy options, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 7,040 square feet currently available. The property comprises a total of seven suites. This strategic location ensures consistent exposure to both local residents and travelers. The shared entrance with Walmart guarantees a steady stream of potential customers. The center's strong co-tenancy includes established national retailers such as Tractor Supply, Walgreens, Family Dollar, and Anytime Fitness, further enhancing its appeal and drawing power. Dollar Tree and AT&T serve as anchor tenants, providing additional stability and attracting a diverse customer demographic. This property is ideally suited for a variety of retail businesses, healthcare services, or restaurants seeking a high-traffic, well-established location. The 7,040 square feet of currently vacant space offers a unique chance to establish a presence in a vibrant and successful retail environment.

Property profile
Verified
Property type Retail properties & Spaces
Total area 23,660 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
  • World Finance Loan Service
  • CM SR22 Insurance Group Financial Advisor Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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