218 Cumberland St

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218 Cumberland St

Bogalusa, LA 70427
Asking Price
Contact for price
Asset Type
Shopping Center Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail shopping center encompassing 67,531 square feet of space.
  • Located at 218 Cumberland St in Bogalusa, Louisiana.
  • Property features a scale appropriate for multi-tenant retail strategies.
  • Asset serves as a focal point for regional consumer commerce.
  • Coordinates placed at 30.7886 latitude and -89.8628 longitude.

What's Special

This retail shopping center spans 67,531 square feet and sits at 218 Cumberland St in Bogalusa, Louisiana. The property is positioned within a established regional market that serves as a central hub for the surrounding residential communities in Washington Parish. Retail layouts of this size provide significant versatility for investors seeking to accommodate a mix of national anchors, local service providers, or specialty boutique tenants. The site's configuration supports various business operations, ranging from traditional storefront retail to professional service offices that require high visibility and accessible parking infrastructure. Investors looking for a stable asset in this submarket will find that the property's footprint is well-suited for a multi-tenant strategy, allowing for balanced occupancy and consistent foot traffic potential. Given the property's scale and strategic location, it functions as a functional anchor for commerce in the local area, facilitating regional trade and daily consumer needs.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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