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    OFF-MARKET
    Strip malls

    6433 La-182, Morgan City, LA 70380

    Built 1975
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 7,500 square feet of available space within the thriving Colonial Plaza Shopping Center in Morgan City, Louisiana. Previously occupied by Stage Shoes, this second-generation space offers immediate occupancy and is ideally situated in a high-traffic location anchored by a Rouses Grocery store. The property boasts ample parking and a prominent pylon sign ensuring excellent visibility for your business. The center benefits from a strong tenant mix including national and local retailers such as Bealls Outlet, H&R Block, Clearwater Swimming Pools, Auto Zone, Subway, and Charming Nails, creating a vibrant and attractive shopping destination. The space includes ADA-compliant restrooms and existing fixtures, minimizing upfront tenant improvements. The property is situated on a large 292,320 square foot lot and is zoned COMMERCIAL (APN: 3224341112.00, St Mary Parish). The building, constructed in 1975, is a single-story Class B structure with municipal power. Located at the intersection of David Dr. & Redwood St., this property offers unparalleled access and exposure. A triple net (NNN) lease is available, and a tenant improvement allowance is negotiable. This is a prime opportunity to establish or expand your retail presence in a bustling Morgan City community.

    Property profile
    Verified
    Property type Strip malls
    Year built 1975
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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