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    OFF-MARKET
    Retail properties & Spaces

    2000 Gerstner Memorial Dr, Lake Charles, LA 70601

    13,500 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 13,500-square-foot freestanding retail building presents a remarkable opportunity in Lake Charles, Louisiana. Situated on a 1.64-acre lot at 2000 Gerstner Memorial Drive, this single-tenant property boasts ample parking and is zoned B. The building is a one-story structure offering excellent visibility and accessibility, strategically located along Highway 14, just south of the 210 split. This prime location ensures high traffic volume from both local and regional drivers, capitalizing on the growth within the Lake Charles MSA. The property's prominent corner location provides exceptional exposure and ease of access for customers. The entire 13,500 square feet is currently vacant, presenting a blank canvas for a new tenant. A sublease option is available until November 30, 2024. The property's APN is 00342890, located in Calcasieu Parish, Louisiana, zip code 70601. This is a rare chance to secure a well-positioned retail space in a thriving market. The property's size and location make it ideal for a variety of retail uses, attracting both local and national businesses.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 13,500 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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