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    OFF-MARKET
    Retail properties & Spaces

    1059 Highway 107, Brouillette, LA 71331

    10,538 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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