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Property profile

1059 Highway 107 Brouillette, LA 71331

OFF-MARKET
Retail properties & Spaces
10,538 SF
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Property summary

AI-generated overview

This exceptional 10,538-square-foot freestanding retail building presents a unique investment opportunity in Effie, Louisiana. Situated on a 1.33-acre lot at 1059 Highway 107, this single-story structure boasts excellent visibility and accessibility along a well-traveled corridor in Avoyelles Parish. The property is currently vacant and features a modern design, previously occupied by a Family Dollar/Dollar Tree store. Its location within the Center Point community offers strong potential for a variety of retail uses. The building's newer construction ensures minimal deferred maintenance, providing immediate occupancy for a new tenant. The ample lot size provides ample parking and potential for future expansion. This property is ideal for a local or regional retailer seeking a high-traffic location in a growing area. Any sublease terms are contingent upon the master landlord's approval. The property is located in Avoyelles Parish, Louisiana, with a zip code of 71331. This is a rare chance to acquire a well-situated, ready-to-occupy retail space in a desirable market. The property's size and location make it an attractive option for businesses seeking to establish or expand their presence in the area. This prime retail space offers significant potential for growth and profitability.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,538 SF

Cap rate & NOI

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

Location

1059 Highway 107 Brouillette, LA 71331
Brouillette metro
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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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