Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Retail space

    2615 Dillard Loop, Lake Charles, LA 70607

    0.69 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US36-1501453
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2615 Dillard Road in Lake Charles, Louisiana, 70607, presents a unique investment opportunity. Previously a restaurant, the building offers 4,765 square feet of heated and cooled space, plus an additional 491 square feet of enclosed area, ideal for various commercial uses. Situated in a high-traffic shopping corridor exceeding 1 million square feet, this location boasts excellent visibility and proximity to major retailers including Wal-Mart, Home Depot, Lowe's, Office Depot, Old Navy, Outback Steakhouse, and United Artists Theatre. Its strategic placement, just a block from Interstate 210 and near the intersection of Dillard Loop and Gerstner Memorial Highway, ensures consistent customer flow. Currently vacant and ready for immediate occupancy, the property is exceptionally priced below its current appraisal. Triple net (NNN) lease terms are available, providing tenants with a transparent and manageable cost structure. This versatile building is perfect for a wide range of commercial enterprises seeking a prominent location in one of Lake Charles' premier retail areas. The asking price is $520,000. This property is classified as Special Purpose, Land.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 0.69 ac (30,000 SF)
    APN 1353539
    UPID US36-1501453
    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
    AI Approach AI
    $545k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $575k
    Owner & transaction history
    Camada Properties LLC · 4 yrs held
    Camada Properties LLC
    since 2021
    Last sale
    $615,000
    3 recorded transactions
    2021
    2015
    $615,000
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message