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    OFF-MARKET
    Retail properties & Spaces

    25420 La-1, Plaquemine, LA 70764

    11,375 SF Built 2012
    Property ID
    Property summary
    AI-generated overview

    Iberville Plaza Shopping Center presents a prime retail investment opportunity in Baton Rouge's thriving submarket. This 11,375-square-foot Class B strip center, built in 2012, boasts a convenient location on LA Hwy 1, directly across from the new Ochsner Iberville Medical Complex, a nearly 40,000-square-foot state-of-the-art facility. The property offers three available suites: two contiguous 1,625-square-foot spaces (combinable for 3,250 square feet) and a larger 4,875-square-foot space, previously configured as a restaurant. The center provides ample parking with approximately 75 spaces. Current tenants include Hanger Clinic and Total Care Injury and Pain Center, establishing a strong existing tenant base. The property is zoned commercial (APN: 0200390890|3) and features a single, one-story building. Minimum divisible space is 1,625 square feet, with a maximum contiguous space of 4,875 square feet. A total of 8,125 square feet is currently vacant, presenting significant potential for new tenants. The property's location within the Baton Rouge metropolitan area, near major petrochemical companies like Dow Chemical and Shintech, offers excellent access to a large and diverse customer base. This is an exceptional opportunity to acquire a well-located retail center with significant upside potential.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2012
    Total area 11,375 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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