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2020 W Gause Blvd
Slidell, LA 70460

8% CAP Retail Center for Sale - Slidell LA · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,200 SF
Building Class
C
Year Built
2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
3.60 AC
Zoning
C2
Parking
55 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
411 FT on Gause W Blvd

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Drive Thru

About 2020 W Gause Blvd , Slidell, LA 70460

The Property is located on Highway 190 (Gause Boulevard West) in Slidell Louisiana. Just south of Interstate 10 is one of the primary shopping districts in the Slidell market known as the Northshore Square Mall. While DOTD⬙s traffic counts are over a decade old in 2006 they recorded over 24000 cars per day on Highway 190 and just under 30000 cars per day on Northshore Blvd. Tenants include Pizza Hut Anytime Fitness Vera⬙s Seafood Real Ink Kenyon McCall Epitome Hair Salon Various Long-Term Parking TenantsThis Property presents an opportunity to acquire an asset that has upside potential. The extra land behind the building has attracted a large number of long-term-parking tenants and the extra rent serves to diversify and reduce risk in addition to providing an extra income stream. Alternatively the extra land could be developed into an office building or other income-producing use.$1680000 is a 9% CAP With UpsideCall for full Offering Memorandum

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 104815
  • 108787
Land Assessment
$76,880
Improvements Assessment
$91,800
Total Assessment
$168,680
  • Listing ID: 8111497

  • Date on Market: 7/13/2017

  • Last Updated:

  • Address: 2020 W Gause Blvd, Slidell, LA 70460

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