Retail Building For Sale or Lease

Description:

Investment / Owner-Occupant Opportunity | 1990-1992 FloridaBlvd., Denham Springs, LA

Well-positioned 3-unit retail strip center available for sale or lease on highly visible FloridaBoulevard in Denham Springs. The property contains approximately 5,740 rentable square feetand offers a compelling opportunity for atenant, investor and/or owner-occupant.

Units A and B are currently leased to a long-term tenant with combined rental income of $2,900 per month, providing in-place cash flow. Unit C, consisting of approximately 2,800 square feet,was previously owner-occupied and is now vacant and available for lease at $2,800 per month orfor immediate occupancy by a new owner or tenant. Unit C was completely remodeled in 2022 and features contemporary finishes, a loading dock, and one 10’ x 10’ overhead door, making itwell-suited for a variety of retail, showroom, office, or service-oriented uses.

The property is zoned C-3 and offers a flexible layout with one office buildout and two openfloor plan retail spaces. Modified gross lease structure with CAM of $0.75/SF, which includeswater, lawn and dumpster service.

Offered at sale at $615,000, this is an excellent opportunity to acquire a multi-tenant retail assetwith stable income with upside through lease-up of the vacant suite, and potential forowner-occupancy.





3-Unit Retail Strip Plaza
5,740 SF Rentable Area
Unit A: 1,440 SF
Unit B: 1,500 SF
Unit C: 2,800 SF
Units A & B leased
Unit CLease Rate: $2,800/month
Sales Price: $615,000

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