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Investment Highlights

  • Great daily traffic
  • Pull up to the door parking
  • Spacious layout

Executive Summary

Excellent Retail Property located on one of the main thoroughfares in Houma. Can be broken down into 3 separate spaces for additional rent and/or serves as an excellent value add for an Owner User with a long term lease in place with a National Tenant.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
9,680 SF
Building Class
B
Year Built
2001
Price
$650,000
Price Per SF
$67.15
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.55 AC
Frontage
150’ on W Tunnel Blvd

Amenities

  • 24 Hour Access
  • Banking
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet
  • Cafe
  • Awning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Rental and Leasing Services
  • -
  • -
  • -

Rent-A-Center began in 1973 as a rent-to-own business focused on furniture and household goods, later building a broader retail model around flexible payment agreements. The company offers furniture, appliances, electronics, computers, tools, and related home essentials through online and store-based shopping, with services that include delivery, setup, and product service and repair in its payment agreements. Rent-A-Center maintains a wide presence across the United States and Mexico and remains centered on branded household goods for shoppers seeking alternatives to traditional credit-based buying.

Tenant Industry SF Occupied Rent/SF Lease End
Rental and Leasing Services - - -
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100

Nearby Major Retailers

Grand Rental Station
Applebee's
CrossFit
First Horizon Bank
Hancock Whitney Bank
Capital One
PJ's Coffee of New Orleans
Chase Bank
b1Bank

Property Taxes

Property Taxes

Parcel Number
19527
Land Assessment
$11,200
Improvements Assessment
$25,240
Total Assessment
$36,440
  • Listing ID: 40656631

  • Date on Market: 5/25/2026

  • Last Updated:

  • Address: 421 W Tunnel Blvd, Houma, LA 70360

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