4750-4760 Nelson Rd
Lake Charles, LA 70605
Starbucks and Pacific Dental · Retail Property For Sale

Two-tenant strip center pad featuring a Starbucks with drive-thru and Pacific Dental located in Lake Charles, LA. The subject property is located within the dominant retail trade area in Lake Charles, LA, and is an outparcel within a booming Kroger anchored shopping center. Kroger relocated to its current location in the center doubling the store size due to overwhelming success within the Lake Charles market. The offering provides an opportunity to acquire a stabilized two-tenant property in one of the fastest growing economies in the U.S. As a result of the thriving economy, population and incomes have also grown: within a 1-mile radius average incomes are nearly $90,000. The existing tenants are positioned for lasting success due to the desirable long-term fundamentals and positive economic forecast for the region. In September 2017 the department of commerce released a report naming Lake Charles, LA, as having the fastest growing GDP in the U.S. with 8.1% growth. According to the Commerce Department’s Bureau of Economic Analysis, retail sales per capita in Lake Charles are 84% higher than the national average. The property serves as a two tenant pad to a Kroger anchored shopping center. Other tenants within the shopping center include Sport Clips, Super Cuts, Anytime Fitness, CVS, and more. The subject property has excellent visibility and access along Nelson Road, with a combined traffic count of over 62,000 VPD.