This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Hammond Retail Center 200 Hewitt Rd

11,907 SF 100% Leased Retail Building Hammond, LA 70403 $1,800,000 ($151/SF) 7.78% Cap Rate

Investment Highlights

  • Great Investment Property
  • Existing Drive Thru and room for another Drive Thru
  • 11,907 SF Retail Building

Executive Summary

This 11,907 sq. ft. retail strip features three established tenants—Safari Quest, Isabella’s Pizza, and Tru Café—on a high visibility corner accessible from Hewitt Road and Railroad Avenue. The property includes 53 parking spaces, one existing drive-thru, and space to add a second. Currently arranged as three large suites (7,000 sq. ft., 2,500 sq. ft., and 2,500 sq. ft.), the layout can be reconfigured into up to seven suites, allowing for diverse tenant options. Utilities are ready with two 400-amp meters, one 200-amp meter, one 100-amp meter, and gas on-site, making it suitable for various retail uses. Solid income with flexibility for growth.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,907 SF
Building Class
B
Year Built
2010
Price
$1,800,000
Price Per SF
$151
Cap Rate
7.78%
NOI
$140,040
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.38 AC
Zoning
Comm
Parking
37 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
300 FT on Hewitt road

Nearby Major Retailers

Capital One
Hancock Whitney Bank
Starbucks
Golden Corral
7 Brew Coffee
CrossFit
Olive Garden Italian Rstrnt
Five Guys
PJ's Coffee of New Orleans
Chase Banking

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06309739
Land Assessment
$43,507
Improvements Assessment
$132,600
Total Assessment
$176,107
  • Listing ID: 33704375

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 200 Hewitt Rd, Hammond, LA 70403

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}