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603 Prien Lake Rd Lake Charles, LA 70601

OFF-MARKET Neighborhood centers Google Maps
16,450 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Magnolia Square Shopping Center, located at 603 W Prien Lake Rd, Lake Charles, LA 70601, presents a prime retail opportunity in a thriving Calcasieu Parish location. This 16,450 square foot strip center currently has 1,415 square feet of vacant space available, perfect for a variety of businesses. The available space totals 2,228 square feet and is ready for immediate occupancy, having recently undergone renovations. The shopping center itself boasts a newly refreshed exterior with a fresh coat of paint, enhancing its curb appeal and attracting customers. This busy shopping center enjoys high visibility and traffic, benefiting from its established tenant mix which includes Zeus, Milani Nail Bar, M.B. Rich Jewelry, Painting With A Twist, Legacy 75 Cigar Bar, Suit Up, Just 4 Him, and the National Guard Office. The property's strategic location in Lake Charles offers excellent access to a large customer base and provides a strong foundation for business growth. This is the last available space in this highly sought-after center. Don't miss this chance to secure a prominent retail presence in a vibrant and successful shopping destination. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Neighborhood centers
Total area 16,450 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Military Recruiting Office
  • Construction Company General Contractor
  • Bar & Pub

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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