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Vacant Shopping Center 218 Cumberland St 67,531 SF 100% Leased Retail Building Bogalusa, LA 70427 $1,550,000 ($22.95/SF)
Investment Highlights
- Value-Add / Redevelopment Opportunity | Established Retail Corridor
- Across from Walmart SuperCenter | Excellent Accessibility
Executive Summary
• Former Dirt Cheap space presents a compelling value-add opportunity through lease-up, repositioning, or redevelopment strategies
• Large vacant box allows for flexible reconfiguration, including single-tenant, multi-tenant, or alternative use conversions
• Opportunity to capitalize on existing infrastructure, parking, and site layout to reduce redevelopment costs and timelines
• Large vacant box allows for flexible reconfiguration, including single-tenant, multi-tenant, or alternative use conversions
• Opportunity to capitalize on existing infrastructure, parking, and site layout to reduce redevelopment costs and timelines
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
67,531 SF
Building Class
C
Year Built/Renovated
1986/2017
Price
$1,550,000
Price Per SF
$22.95
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
6.81 AC
Zoning
Unzoned
Amenities
- Dedicated Turn Lane
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 7
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Vacant Shopping Center | 218 Cumberland St
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