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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

101 Jake St Butler, IN 46721

2.93 ac lot
Property ID
Property summary
AI-generated overview

Pecanland Plaza, a prime 111,800 square foot single-story shopping center in Ouachita Parish, Louisiana, presents a remarkable retail investment opportunity. This 11.5-acre property boasts a strong location within the Monroe MSA's retail core, offering exceptional visibility and accessibility from Interstate 20. The center features 545 parking spaces, ensuring ample convenience for shoppers. Currently, there is 2,155 square feet of vacant space available for lease, ideal for a variety of retail uses. The property benefits from a highly desirable co-tenancy arrangement, sharing access with major retailers such as Kohl's, Target, T.J. Maxx, Bed Bath & Beyond, Ross Dress for Less, and Conn's HomePlus. Its proximity to Pecanland Mall, the only regional mall within an 80-mile radius, further enhances its strategic position and draws significant foot traffic. The property's APN is 114832. This is a rare chance to secure a space in a thriving retail center with excellent visibility, ample parking, and a strong tenant mix within the OZ - LA Ouachita submarket. The property's single building structure simplifies management and operation.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.93 ac (127,631 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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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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