3410-3500 Hwy Mandeville, LA 70471
Premier Centre, a single-story, 273,000 square-foot retail center, presents a unique investment opportunity. Situated on a 26.448-acre lot in the thriving Mandeville community of St. Tammany Parish, Louisiana, this property boasts a prime location at the heavily trafficked intersection of US Highway 190 and North Causeway Boulevard. Built in 1999, the center features a single building with multiple tenants and currently has 3,800 square feet of vacant space available. This presents a chance to capitalize on the strong growth and high average incomes characteristic of this area. The property's APN is 1141323229. The strategic location within the heart of Mandeville ensures high visibility and accessibility for businesses. With its substantial size and existing infrastructure, Premier Centre offers significant potential for expansion and diversification of tenant mix. The available space provides an excellent opportunity for a variety of retail uses. This is an exceptional opportunity to acquire a well-established retail center in a high-demand location. The property's size and location make it an attractive investment for both established businesses and new ventures seeking a foothold in a prosperous market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.