3407 Derek Dr Lake Charles, LA 70607
This exceptional 208,321 square foot shopping center, situated at the high-traffic intersection of I-210 and Highway 14 (Gerstner Memorial Dr.) in Calcasieu Parish, presents a remarkable retail investment opportunity. The single-story building boasts 876 parking spaces and sits on a generous 18.76-acre lot. Currently, there are two available spaces ranging from 8,100 to 10,260 contiguous square feet, out of a total of 18,360 square feet of vacant space. The property is zoned B and has an APN of 01353570. This power center is a key part of Lake Charles' retail core, strategically positioned amongst a robust mix of national retailers. Strong anchors include Academy Sports + Outdoors, Conn's, Old Navy, Shoe Carnival, Bath & Body Works, Lumber Liquidators, and Michaels. The surrounding area features additional major retailers such as Walmart, Home Depot, Boot Barn, Party City, Lowe's, Bowie Outfitters, PetSmart, and Office Depot, ensuring high visibility and significant foot traffic. Nearby full-service restaurants like Outback Steakhouse, Logan's Roadhouse, Kyoto, and Panda's Super Buffet, along with the adjacent Cinemark Movie Bistro, further enhance the property's appeal and draw a diverse customer base. This is a rare chance to secure prime retail space in a thriving, established retail hub. Minimum divisible space is 8,100 square feet.
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Ollie's Bargain Outlet Discount Store
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.