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300 Kensington Blvd
Slidell, LA 70458
Shops At Rouses · Retail Property For Sale


Investment Highlights
- 100% occupied multi-center retail center
- Located on well traveled intersection in the heart of Slidell, with easy access to I-10
- 66,210 S.F.
- Longstanding national tenants
- Center is surrounded by a mix of residential neighborhoods andcommerical establishments
- 350 parking spaces
Executive Summary
Strategically positioned at 280 Kensington Boulevard in Slidell, Louisiana, this premier retail asset features two nationally recognized tenants, Sportsman’s Warehouse and Petco, offering a stable investment in a highly trafficked commercial corridor. Located just off Interstate 10 at the intersection of Kensington Boulevard and Gause Boulevard, this interstate sees an estimated 69,000 cars a day, while the intersection sees an estimated 21,000 vehicles per day. Anchored by Rouses Market, the property is surrounded by commercial and residential development, including big box retailers like Walmart, Home Depot, Lowe’s, and Hobby Lobby.
Slidell is a prime retail hub on Louisiana’s Northshore, strategically located at the crossroads of I-10, I-12, and I-59. Just 30 minutes from New Orleans, Slidell draws consumers from a broad regional trade area and serves as a primary shopping and service destination for St. Tammany Parish and surrounding communities. With high traffic counts and a concentration of national retailers, the city offers a stable and growing environment for retail investment.
Slidell is a prime retail hub on Louisiana’s Northshore, strategically located at the crossroads of I-10, I-12, and I-59. Just 30 minutes from New Orleans, Slidell draws consumers from a broad regional trade area and serves as a primary shopping and service destination for St. Tammany Parish and surrounding communities. With high traffic counts and a concentration of national retailers, the city offers a stable and growing environment for retail investment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
66,210 SF
Building Class
C
Year Built
2014
Price
$6,900,000
Price Per SF
$104.21
Cap Rate
8.89%
NOI
$613,381
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.30
Lot Size
5.13 AC
Zoning
Commercial
Parking
350 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Signage
Property Taxes
| Parcel Number | 85672 | Improvements Assessment | $379,300 |
| Land Assessment | $0 | Total Assessment | $379,300 |
Property Taxes
Parcel Number
85672
Land Assessment
$0
Improvements Assessment
$379,300
Total Assessment
$379,300
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