16245-16273 Main St Cut Off, LA 70345
- Lifestyle centers
- 58,750 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 16245-16273 Main St
- Year built
- 1970
- Property size
- 58,750 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 58,750 square foot shopping center, located at 16245-16273 E Main St, Cut Off, LA 70345, presents a unique investment opportunity. Completely renovated in 2023, the single-story building sits on a 4-acre lot and offers multiple spaces available, ranging from 2,500 to 16,653 contiguous square feet, with a total of 41,612 square feet currently vacant. Built in 1970 and strategically positioned in Lafourche Parish's Cut Off submarket, this property benefits from high traffic volume due to its location between Raceland and Port Fourchon, serving the robust petroleum industry. Its proximity to New Orleans (1 hour 15 minutes) and Houma (40 minutes) further enhances its accessibility and appeal. The center's location near the Louisiana Offshore Oil Port (LOOP), a crucial deepwater port handling a significant portion of the nation's oil supply, provides a strong economic foundation. This redevelopment offers businesses a chance to thrive in a thriving community, combining prime retail space with exceptional convenience and accessibility. The property boasts limited competition and a scarcity of comparable retail options in the area, making it an ideal location for businesses seeking to establish a strong presence in this dynamic market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cut Off
- County
- Lafourche Parish
- State
- Louisiana
- Longitude
- -90.3135
- Latitude
- 29.4733