Current Use by Public Records
- Queen Bee's Children's Boutique / (Bike/Boat/Book/etc) Store / Clothing & Fashion Store
Property Details for 12393 Lake Charles Hwy
- Lot size
- 2.00 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This prime Leesville, Louisiana shopping center presents a compelling investment opportunity. Located at 12393 Lake Charles Hwy, 71446, this single-story, 8,374 square foot property sits on a 2-acre lot and boasts 10 units within a single building. Currently operating at 65% occupancy, this multi-tenant retail center offers significant upside potential. The asking price is $499,900, translating to $59.70 per square foot. The property is connected to city water and sewer, providing essential infrastructure. The center's convenient location in Vernon Parish offers excellent visibility and accessibility for tenants and customers. This is an exceptional chance to acquire a well-situated retail property with strong potential for increased revenue and return on investment. The property's existing tenancy provides a stable income stream, while the available space offers opportunities for lease expansion and diversification. This is an ideal investment for those seeking a proven, income-generating asset in a growing market. The property's size and layout are well-suited for a variety of retail businesses, making it an attractive option for both current and prospective tenants.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leesville
- County
- Vernon Parish
- State
- Louisiana
- Longitude
- -93.2728
- Latitude
- 31.0768
