1420 Hospital Rd | New Roads, LA 70760
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1420 Hospital Rd
New Roads, LA 70760
Lender Owned | Multi-Tenant Value-Add · Retail Property For Sale
Investment Highlights
- Excellent investment opportunity strategically positioned in the New Roads primary retail corridor.
- Located near major roadways with ample on-site parking for the established and diverse customer base.
- Three retail suites, one of which is currently occupied by Hibbett Sports, providing value-add leasing opportunities.
- Close to residential neighborhoods with more than 8,000 residents within 5 miles that combine for over $90.5 million in spending power.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
37,184 SF
Building Class
B
Year Built
2008
Percent Leased
13%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
2.47 AC
Zoning
Commercial Retail
PROPERTY TAXES
Parcel Number | 00715010 | Improvements Assessment | $343,500 |
Land Assessment | $38,000 | Total Assessment | $381,500 |
PROPERTY TAXES
Parcel Number
00715010
Land Assessment
$38,000
Improvements Assessment
$343,500
Total Assessment
$381,500
Learn More About Investing in Retail Properties
Listing ID: 32159664
Date on Market: 6/17/2024
Last Updated:
Address: 1420 Hospital Rd, New Roads, LA 70760
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