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2000 Gerstner Memorial Dr Lake Charles, LA 70601

OFF-MARKET Retail properties & Spaces Google Maps
13,500 SF
Estimated value
No estimation on file for this property yet.
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

Value estimations

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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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