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Property profile & analytics
OFF-MARKET
Lifestyle centers

200 Hewitt Rd Hammond, LA 70403

11,907 SF 1.2 ac lot Built 2010
Property ID
Property summary
AI-generated overview

This exceptional 11,907 square-foot shopping center in Hammond, Louisiana, presents a compelling investment opportunity. Located at 200 Hewitt Road, this property boasts a prime corner location with high visibility, accessible from both Hewitt Road and Railroad Avenue. The single-story, 2010-built structure sits on a 1.2-acre lot and features three established tenants: Safari Quest, Isabella’s Pizza, and Tru Café, ensuring a stable income stream. The center offers ample parking with 53 spaces and includes one existing drive-thru lane with the potential to add a second, enhancing its appeal to a wide range of businesses. Currently configured as three large suites (7,000 sq ft, 2,500 sq ft, and 2,500 sq ft), the layout is adaptable and can be reconfigured to accommodate up to seven smaller suites, providing flexibility for future tenant diversification. The property is equipped with robust utilities, including two 400-amp meters, one 200-amp meter, one 100-amp meter, and on-site gas, catering to various retail needs. The property's strong occupancy rate of 100% and a 7.78% cap rate make it an attractive investment with significant potential for growth and return. The modified lease structure provides further flexibility for long-term income generation. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving Louisiana market.

Property profile
Verified
Property type Lifestyle centers
Year built 2010
Total area 11,907 SF
Lot 1.2 ac (52,272 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
  • Safari Quest Family Fun Center Arcade & Gaming Center (Bike/Boat/Book/etc) Store
  • Tru Cafe Cafe & Coffee Shop
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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