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Houma Power Center 1600 Martin Luther King Jr Blvd
2,304 - 8,027 SF of Retail Space Available in Houma, LA 70360
Highlights
- Outparcel!
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,304-8,027 SF | 16’ | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $301.39 /m²/YR $25.12 /m²/MO $18,730 /MO $224,756 /YR | Triple Net (NNN) |
1556 Martin Luther King Jr Blvd - 1st Floor
Houma Power Center is a 98,586-sf shopping center located along Martin Luther King, Jr. Blvd, a main retail corridor in Houma. The center’s established national tenants include Northern Tool, Old Navy, and 2nd & Charles. It is located adjacent to Lowe’s Home Improvement and directly across the street from Walmart Supercenter. There is also a large variety of restaurants, retailers, fitness centers, service providers, and hotels. The center has one 8,031-sf outparcel for lease. The Landlord is considering redevelopment possibilities, such as subdividing into three smaller retail spaces, as well as installing a drive-thru lane. Please contact Listing Agent to discuss further and see Potential Subdivision page to view one option under consideration.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Finished Ceilings: 16’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Houma Power Center
- Tenant
- Description
- US Locations
- Reach
- 2nd & Charles
- Books
- 61
- National
- America's Best Contacts & Eyeglasses
- Optical
- 1,260
- National
- Northern Tool + Equipment
- Hardware
- 161
- International
- Old Navy
- Unisex Apparel
- 1,564
- International
- Shoe Carnival
- Shoes
- 524
- National
| Tenant | Description | US Locations | Reach |
| 2nd & Charles | Books | 61 | National |
| America's Best Contacts & Eyeglasses | Optical | 1,260 | National |
| Northern Tool + Equipment | Hardware | 161 | International |
| Old Navy | Unisex Apparel | 1,564 | International |
| Shoe Carnival | Shoes | 524 | National |
PROPERTY FACTS FOR 1600 Martin Luther King Jr Blvd , Houma, LA 70360
| Min. Divisible | 2,304 SF | Frontage | Martin Luther King Jr Blv |
| Center Type | Neighborhood Center | Gross Leasable Area | 106,613 SF |
| Parking | 479 Spaces | Total Land Area | 10.00 AC |
| Stores | 7 | Cross Streets | NEC Martin Luther King Blvd & Hwy 3 |
| Center Properties | 2 |
| Min. Divisible | 2,304 SF |
| Center Type | Neighborhood Center |
| Parking | 479 Spaces |
| Stores | 7 |
| Center Properties | 2 |
| Frontage | Martin Luther King Jr Blv |
| Gross Leasable Area | 106,613 SF |
| Total Land Area | 10.00 AC |
| Cross Streets | NEC Martin Luther King Blvd & Hwy 3 |
About the Property
Houma Power Center is a 98,586-sf shopping center located along Martin Luther King, Jr. Blvd, a main retail corridor in Houma. The center’s established national tenants include Northern Tool, Old Navy, and 2nd & Charles. It is located adjacent to Lowe’s Home Improvement and directly across the street from Walmart Supercenter. There is also a large variety of restaurants, retailers, fitness centers, service providers, and hotels.
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Houma Power Center | 1600 Martin Luther King Jr Blvd
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