7535 La-182, Morgan City, LA 70380
This 8,320-square-foot retail building, formerly a Family Dollar, is available for lease in Morgan City, Louisiana. Located on LA-Highway 182, a major thoroughfare with over 12,000 vehicles daily, this single-tenant property boasts high visibility and excellent access. Built in 2014, the free-standing building sits on a 1.06-acre lot and is served by municipal power. The property benefits from a strong demographic profile, with a 5-mile population of 20,000 and an average annual household income of approximately $65,000. Morgan City's retail landscape includes national brands like Walmart, Walgreens, and McDonald's, indicating a robust market. The property's location, approximately 65 miles south of Lafayette and 75 miles west of New Orleans, offers convenient access to a larger regional population. This prime retail space presents a significant opportunity for businesses seeking a high-traffic location in a thriving community. The property's Parcel Number (APN) is 3284341271.00 and is located in St. Mary Parish. This is a single-tenant property offering a substantial footprint for a variety of retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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