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Slidell, LA - Gause Center

$1,497,000

550 Gause Boulevard, Slidell, LA 70458

Active
Last Updated: 06/11/2025

8.5

Cap Rate

127,169

NOI

Details:
Cap Rate:    8.5%
NOI:    $127,169
Building Size:    8,175 sqft
Lot Area:    0.91 acres
Year Built:    2008
Zoning:    C-2 Neighborhood Commercial
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

Map:
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