6363 Main St, Zachary, LA 70791
For Lease
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This exceptional 18,915 square foot shopping center in Zachary, Louisiana, presents a compelling investment opportunity. Boasting a 7.99% cap rate and a strong 92.6% occupancy, the property features ten tenants under NNN leases with staggered expirations, minimizing vacancy risk. Situated on a 1.99-acre lot on a high-traffic thoroughfare (over 24,878 vehicles per day), the center benefits from its location across from a major regional medical center and within a thriving retail corridor. The surrounding area includes numerous national retailers, indicating a robust and established market. Built in 2006, the center generates a net operating income (NOI) of $239,583. The property's prime location within the Baton Rouge metro area, the second largest in Louisiana, and a strong average household income of $95,589 within a 3-mile radius, further enhances its investment potential. This well-maintained shopping center offers a stable and attractive return for discerning investors. The property's size, tenant mix, and location combine to create a highly desirable retail investment. The existing leases provide a predictable income stream, while the strategic location ensures continued growth and profitability. This is a rare opportunity to acquire a well-performing retail asset in a rapidly growing market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.