Technical
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Property profile

5675 Nelson Rd Lake Charles, LA 70605

OFF-MARKET
Retail properties & Spaces
89,709 SF Built 2020
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Property summary

AI-generated overview

This exceptional Class A retail property, HR Crossing Building 1, located at 5675 Nelson Road, Lake Charles, LA 70605, offers 26,600 square feet of vacant space in a thriving Rouses Market-anchored development. Built in 2020, this single-story building boasts 89,709 total square feet, with units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 10,700 square feet. The property sits on a 10.25-acre lot and features 392 parking spaces, ensuring ample customer convenience. Located approximately 3 miles south of I-210 and a short drive from McNeese State University, this location benefits from a strong demographic profile, with surrounding single-family neighborhoods exhibiting an average household income of $85,396. The property is zoned PUD (Planned Unit Development) and has a 2000A power supply. The property's prime location within a rapidly growing area, experiencing an economic boom with over 10,000 new homes projected in the next five years and a recent addition of more than 20,000 jobs due to significant industrial expansion, presents a unique investment opportunity. Property taxes are $1.25 per square foot. The APN is 00074187, and the cross street is Ham Reid. This is a multi-tenant building with four total suites. Don't miss this chance to establish your business in a high-growth market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2020
Total area 89,709 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
  • Gym & Fitness Center
  • Cafe & Coffee Shop

Location

5675 Nelson Rd Lake Charles, LA 70605
Lake Charles metro
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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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