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Property profile & analytics
OFF-MARKET
Lifestyle centers

3407 Derek Dr Lake Charles, LA 70607

208,321 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 208,321 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
Current use
Occupant on record · Public records
  • Lake Charles Power Centre Business Service Center Corporate Office
  • Generator Supercenter of Lake Charles Hardware & Home Improvement Building Supply
  • Ollie's Bargain Outlet Discount Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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