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Former pOpshelf For Sublease 1539 Martin Luther King Jr Blvd 10,022 SF of Retail Space Available in Houma, LA 70360
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 10,022 SF | Jun 2033 | $13.50 /SF/YR $1.13 /SF/MO $135,297 /YR $11,275 /MO | Triple Net (NNN) |
1st Floor, Ste 103
Former pOpshelf for Sublease, located in a Shopping Center anchored by Walmart Supercenter on Martin Luther King Blvd in Houma, LA. The subject property is located in a dense retail node in the Houma Terrebonne area. Traffic counts exceed 26,000 vehicles per day. Nearby retailers include: Walmart Supercenter, Target, The Home Depot, Lowe's Home Improvement, HomeGoods, Burlington, Marshalls, Petco, Academy Sports + Outdoors, Chick-fil-A, Starbucks, Raising Cane's, Chili's Grill & Bar, Outback Steakhouse, Hooters, Texas Roadhouse, and many more.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT FORMER POPSHELF FOR SUBLEASE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Aaron's
- Furniture/Mattress
- 1,822
- International
- Affordable Dentures
- MD/DDS
- 1
- Local
- Chili's Grill & Bar
- Restaurant
- 1,467
- International
- Felger's Footwear
- Shoes
- 1
- Local
- Planet Fitness
- Fitness
- 3,172
- International
- Sicily's Ultimate Italian Buffet
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Aaron's | Furniture/Mattress | 1,822 | International |
| Affordable Dentures | MD/DDS | 1 | Local |
| Chili's Grill & Bar | Restaurant | 1,467 | International |
| Felger's Footwear | Shoes | 1 | Local |
| Planet Fitness | Fitness | 3,172 | International |
| Sicily's Ultimate Italian Buffet | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 10,022 SF | Total Land Area | 33.04 AC |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Freestanding | Parking Ratio | 3.53/1,000 SF |
| Gross Leasable Area | 212,637 SF |
| Total Space Available | 10,022 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 212,637 SF |
| Total Land Area | 33.04 AC |
| Year Built | 1997 |
| Parking Ratio | 3.53/1,000 SF |
ABOUT THE PROPERTY
Former pOpshelf for Sublease, located in a Shopping Center anchored by Walmart Supercenter on Martin Luther King Blvd in Houma, LA. The subject property is located in a dense retail node in the Houma Terrebonne area. Traffic counts exceed 26,000 vehicles per day.
NEARBY MAJOR RETAILERS
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Former pOpshelf For Sublease | 1539 Martin Luther King Jr Blvd
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