1305 Heather Dr
Opelousas, LA 70570
St. Landry's Plaza · Retail Property For Sale

EDGE Realty Capital Markets is pleased to present the opportunity to acquire St. Landry Plaza (“Property”), a Cash Saver anchored retail center located in Opelousas, Louisiana. The 221,508 square foot Property benefits from its location along Interstate 49, the primary north-south artery for the trade area, with exposure to over 40,000 cars per day. St. Landry Plaza is the dominant grocery anchored retail center for the Opelousas trade area and features a complementary mix of national, regional and local tenants including: Cash Saver, Stage (future Gordmans), AT&T and Brown’s Furniture Showplace. The Property’s tenants primarily benefit from the grocery anchor and the lack of retail supply in the immediate area. St. Landry Plaza boasts upside potential through the immediate lease-up of the existing 12,800 square foot vacancies allowing an investor to significantly increase the NOI through an aggressive leasing strategy. The Property continues to serve as a daily-needs location for the regional trade area.