1700 E Prien Lake Road
Lake Charles,
LA
70601
Property Details
List Price: |
$2,600,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
-- |
Agency: |
RE/MAX ONE |
Description/Comments
Lot Size: |
1 acre(s) |
Property Type: |
Commercial |
Year Built: |
-- |
Notes: |
Looking for cash flow? The Central Plaza is now available in the heart of Lake<br />
Charles with the offering of a fully occupied strip center comprising nine units.<br />
Boasting a remarkable 100% occupancy rate, this property stands as a beacon of<br />
stability, with secured, multi-year leases. Offers a competitive Cap Rate of 9.25%.<br />
Situated on approximately 1.64 acres with direct access to Prien Lake Road, the<br />
strip center enjoys a strategic location just off a prominent U.S. Interstate,<br />
witnessing a steady flow of around 15,000 vehicles per day. With its strong tenant<br />
base, favorable lease terms, and ideal location, this property is an enticing<br />
opportunity for investors seeking both stability and growth potential in Lake<br />
Charles' commercial real estate landscape. Central plaza currently boasts a nice<br />
mix of both National and Local tenants including: Allstate Insurance, Republic<br />
Finance, Lake Charles Financial Services, 1st Franklin Financial, Cigar Club,<br />
Express OMV and Back to God Revival Holiness Church. Property is zoned for<br />
Commercial use. Do not disturb tenants. Financial information to be provided to<br />
qualified buyers. LOI required before showing can be scheduled. |
MlsNumber: |
SWL24002417 |
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Listing Provided By: |
RE/MAX ONE, original listing |
Name: |
RE/MAX ONE |
Phone: |
(337) 794-7848 |
Office Name: |
RE/MAX ONE |
Office Phone: |
(337) 725-4663 |
Agent Name: |
Mary McKinney |
Disclaimer: |
Copyright © 2024 Greater Southern MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |