Receiver Sale: Walmart Shadow Center | Lease-Up Upside

Highlights:

• 11,600 SF of Vacancy Across Three Suites: Vacant suites of 1,600, 2,000, and 8,000 SF offer a direct lease-up path alongside in-place tenants.
• National Tenants Lease 28% of Total GLA: AT&T, Pizza Hut, and Anytime Fitness occupy 7,200 SF alongside local finance and beauty retailers.
• Long-Tenured AT&T and Anytime Fitness: AT&T has occupied its space since July 2006 and Anytime Fitness its 4,000 SF since August 2010.
• Only Walmart Supercenter Within 35 Miles: Walmart draws 1.3 million annual visits, up 10.7% over three years, ranking in Louisiana's top 23%.
• #1 Most Visited Center in Ville Platte: Shopping center logs 1.7 million annual visits from a trade area extending more than 15 miles.
• Pro Rata NNN Recoveries Plus 15% Admin Fee: Tenants reimburse taxes, insurance, and CAM, with each lease adding a 15% administrative fee on CAM.

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/2649/retail/ville-platte/la?utm_source=aqqire&utm_medium=free_listing&utm_campaign=november19_2026&utm_content=retail_2649

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, Walmart Shadow Center at 915 E. LaSalle Street, Ville Platte, LA 70586 is a 25,400-square-foot retail strip center on 2.47 acres shadow-anchored by a Walmart Supercenter. Built in 2006, the center is 54% occupied by five tenants, with national tenants AT&T, Pizza Hut, and Anytime Fitness occupying 28% of GLA alongside Royal Beauty Supply and Community Loans. AT&T has been in place since 2006 and Anytime Fitness since 2010. Three vacant suites totaling 11,600 square feet, including an 8,000-square-foot space, give a new owner a direct lease-up path. All leases are structured NNN, with tenants reimbursing their pro rata share of taxes, insurance, and CAM plus a 15% administrative fee on CAM. Walmart owns its store, which is the only Walmart within a 35-mile radius and draws 1.3 million annual visits, up 10.7% over three years. The shopping center records 1.7 million annual visits, ranking as the most visited in Ville Platte, and pulls from a trade area extending more than 15 miles. Neighboring retailers include Sonic, Murphy USA, Dollar Tree, McDonald's, and O'Reilly Auto Parts.

Location
Walmart Shadow Center sits at 915 E. LaSalle Street in Ville Platte, Louisiana, the seat of Evangeline Parish, adjacent to the city's Walmart Supercenter. Sonic, Murphy USA, Dollar Tree, and McDonald's operate nearby, along with Mercy Regional Medical Center. With no other Walmart within 35 miles, the location serves as the primary retail draw for the surrounding parish.


Bidding Opens
Nov 18 1:00 AM
Bidding Closes
Nov 20 1:00 AM

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