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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Pet Grooming Service
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Insurance Agency
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Restaurant Buffet
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Nursing Home
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Alternative Medicine Practice
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Zachary market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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