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Walmart Anchored Shopping Center - Port Allen 3265 Hwy 1 S 7,807 SF 100% Leased Retail Building Port Allen, LA 70767 $3,700,000 ($473.93/SF) 6.01% Cap Rate
INVESTMENT HIGHLIGHTS
- Consistent high traffic generated by Walmart's strong customer base.
- Modern building systems, minimal near-term capital expenditure requirements, and attractive curb appeal.
- High-traffic corridor connecting Port Allen to Baton Rouge, with excellent ingress/egress and strong daily vehicle counts.
- Starbucks, AT&T, the Jambalaya Shoppe, and Great American Cookie/Marble Slab, each with established brand recognition.
- Current in-place leases offer long-term stability, with renewal options extending occupancy reliability into the 2030s.
- Port Allen benefits from proximity to the Mississippi River industrial corridor and the Baton Rouge metro area, diversifying economic drivers.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the Walmart Anchored Shopping Center located at 3265 Louisiana Highway 1 South in Port Allen, LA. This offering features in-place leases that provide investors with long-term income stability, supported by renewal options that extend occupancy well into the 2030s. Positioned on a prime pad in front of Walmart, which sees over 1.6 million visitors annually, the property benefits from prime visibility to retail customers. The synergy with Walmart ensures steady footfall, making this an attractive, durable investment opportunity in a proven retail corridor.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,807 SF
Building Class
C
Year Built
2000
Price
$3,700,000
Price Per SF
$473.93
Cap Rate
6.01%
NOI
$222,350
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.12 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- AT&T
- Retailer
- 2,000 SF
- $25.30
- Triple Net
- Jul 2030
- Great American Cookie | Marble Slab
- Retailer
- 1,900 SF
- $26.75
- Triple Net
- Feb 2027
- Starbucks
- Retailer
- 2,200 SF
- $35.18
- Triple Net
- Sep 2029
- The Jambalaya Shoppe
- Retailer
- 1,900 SF
- $23.50
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| AT&T | Retailer | 2,000 SF | $25.30 | Triple Net | Jul 2030 | |
| Great American Cookie | Marble Slab | Retailer | 1,900 SF | $26.75 | Triple Net | Feb 2027 | |
| Starbucks | Retailer | 2,200 SF | $35.18 | Triple Net | Sep 2029 | |
| The Jambalaya Shoppe | Retailer | 1,900 SF | $23.50 | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 035300019000 | Improvements Assessment | $193,180 |
| Land Assessment | $42,340 | Total Assessment | $235,520 |
PROPERTY TAXES
Parcel Number
035300019000
Land Assessment
$42,340
Improvements Assessment
$193,180
Total Assessment
$235,520
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Walmart Anchored Shopping Center - Port Allen | 3265 Hwy 1 S
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