111 W Main St
Homer, LA 71040
Firesale Grocery · Retail Property For Sale

INVESTMENT HIGHLIGHTS

NOI: $151,342 with 78% occupied I Value Add Deal
Recession resistant shopping center: 60% of the tenants have occupied more than 18 years providing stability
22% vacancy, value add deal

Major Capital Improvement: 88% of the roof is new with TPO and roll roofing, and new parking lot as of 2020
Bite size deal allowing buyers to buy a grocery anchored center at a low price point

PROPERTY FACTS

Property Type

Retail

Property Subtype

Freestanding

Building Size

33,793 SF

Building Class

Year Built

1999

Tenancy

Multiple

Building Height

1 Story

Zoning

Commercial

Parking

72 Spaces (2.13 Spaces per 1,000 SF Leased)

Frontage

602’ on W Main St.

AMENITIES

Air Conditioning

PROPERTY TAXES

Parcel Number	1730053090	Improvements Assessment	$16,260
Land Assessment	$1,660	Total Assessment	$17,920

MAP

ADDITIONAL PHOTOS

Aerial

Primary Photo

Building Photo

Listing ID: 28697794
Date on Market: 6/8/2023
Last Updated:
Address: 111 W Main St, Homer, LA 71040

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111 W Main St Homer, LA 71040 Firesale Grocery · Retail Property For Sale

INVESTMENT HIGHLIGHTS

PROPERTY FACTS

AMENITIES

PROPERTY TAXES

MAP

ADDITIONAL PHOTOS

Listing ID: 28697794

Date on Market: 6/8/2023

Last Updated:

Address: 111 W Main St, Homer, LA 71040

111 W Main St
Homer, LA 71040
Firesale Grocery · Retail Property For Sale