Shopping Center Property For Sale - Eastside Plaza

949 Grand Caillou Road, Houma, LA, 70363

 

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Eastside Plaza

949 Grand Caillou Road, Houma, LA 70363

Eastside Plaza
  • $1,795,000
  • 14,700 SF
  • $122.11
  • Shopping Center
  • Strip Center
  • Net Lease Investment with 5 years left on lease
  • 1.5%
  • 8%
  • 100%
  • Multiple
  • 1.08 SF
  • Find Out More...
Last Verified  10/12/2009 Listing ID  15821683

Description

PRICE REDUCED !! Eastside Plaza is a 14,700 square foot, multi-tenant "shadow center" located adjacent to a Super-Walmart in Houma, LA. The structure is pre-engineered metal, with a metal roof. The front of the center features a beige dry-vit facade with accent bands and crown at each suite. Three national tenants occupy the center. Dollar Tree is located on the end-cap closest to the Wal-Mart and occupies 7,840 square feet. Cato occupies 4,160 square feet of space and Payless is situated at the road end-cap occupying 2,700 square feet of space.

Houma, Louisiana enjoys a very strong economy, even in this time of difficulty for most of the rest of the nation. Among metropolitan areas, Houma came in second in the nation in terms of increasing home values over the past year. The economy is based largely on oil related activities, and there is no forseeable downturn in that field. Recently it was announced that a new shipyard would be built in Houma bringing 1,000 new jobs to a market that is already strong.

Financial Summary

  • Actual
  • $144,020

Map of 949 Grand Caillou Road, Houma, LA 70363 (Terrebonne County)

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Presented by

The Lolley Group, L.L.C.

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Contact Listing Broker
Randy Lolley (337) 371-6138
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Created 7/27/2008

Additional Information for 949 Grand Caillou Road, Houma, LA 70363

  • Active For Sale - 1 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 1 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

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