Slidell, LA - Gause Center
$1,497,000
550 Gause Boulevard, Slidell, LA 70458
8.5
Cap Rate
127,169
NOI
Details:
Description:
• The site features tenants across a variety of industries including restaurant, counseling, and office users
• The site is 100% occupied
• The tenants are currently paying below market rents in Slidell
• The subject property is in close proximity to Slidell High School with a student population of over 1,800
• The asset is located half a mile from Slidell Memorial Hospital (331 beds)
• Approximately two miles from Fremaux Town Square with major tenants including Dillard’s, DICK’s, Best Buy, PetSmart, Kohl’s, T.J. Maxx, Five Below, Ulta, Chipotle, and LongHorn Steakhouse
• The subject property is in the center of a primary retail corridor with national/credit tenants such as The Home Depot, Lowe’s, Walmart, Chick-fil-A, Raising Cane’s, Hobby Lobby, Jersey Mike’s, Starbucks, Crumbl, and many more
• Strong tenant synergy promotes crossover shopping to the subject property
Location

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