2020 Country Clb Rd Lake Charles, LA 70605-5206

This exceptional investment opportunity presents a newly developed, 7,201 square foot shopping center in Lake Charles, Louisiana. Shadow-anchored by a Kroger Marketplace, this property boasts three national tenants under long-term, triple-net (NNN) leases, ensuring a stable and predictable income stream. The center enjoys 100% occupancy, generating a strong net operating income (NOI) of $228,291, resulting in a compelling 6.10% capitalization rate. Built in 2021 on a 0.98-acre lot, the single-story building features a modern design and excellent visibility. All tenants are credit-rated, with corporate guarantees and franchisee backing providing further security. Lease terms include built-in rent increases upon renewal, with one tenant experiencing a 2.5% annual increase. Detailed rent schedules and lease roll-up information are available upon request. This is a prime opportunity to acquire a high-performing, low-maintenance retail investment in a thriving Louisiana market. The property's strong tenant mix, favorable lease terms, and high occupancy rate make it an ideal addition to any diversified investment portfolio. The asking price is $3,740,000, translating to a price per square foot of $519.37.