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Oak Park - Lake Charles
3260 Gertsner Memorial Drive, Lake Charles, LA 70601
N/A
185,978 SF
Retail
Community Center
Retail (Other)
Vacant/Owner-User
100%
1984
14.40 AC
-
Last Verified 1/26/2012
Listing ID 16232031
Description
Assumable long term debt 21% + Cash on Cash return! Oak Park Square Shopping Center sits on 14.447 acres at the bustlingintersection of I-210 and Highway 14, where it benefits from trafficcounts in excess of 102,000 vehicles per day.
Oak Park Square (the Property) is located at 3202-3250 GerstnerMemorial Drive, in the city of Lake Charles, Louisiana. The Property is astrategicaly located, high quality single-story neighborhood shoppingcenter that contains approximately 185,978 square feet of multi-tenantretail and restaurant space in three separate buildings. The Property iscurrently 99.1% leased.
Map of 3260 Gertsner Memorial Drive, Lake Charles, LA 70601
Created 5/11/2009
Additional Information for 3260 Gertsner Memorial Drive, Lake Charles, LA 70601
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The information above has
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it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO