3265 Hwy 1 S

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3265 Hwy 1 S

Port Allen, LA 94970
Asking Price
$3.29M
Cap Rate
6.7%
Asset Type
Shopping Center Retail
Class
Class B

AI Property Summary

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

  • Located at a signalized corner in Port Allen
  • Asset operates as a Walmart outparcel site
  • Shopping center investment featuring a credit tenant
  • Property carries an asking price of 3,285,357
  • Current investment offers a cap rate of 6.7%

What's Special

Retail investors seeking a stable income stream will find this shopping center at 3265 Hwy 1 S a functional addition to a commercial portfolio. Positioned as a Walmart outparcel, the property benefits from the consistent consumer traffic typically associated with major big-box retailers. The site sits at a signalized corner in Port Allen, Louisiana, providing visibility and accessibility for both tenants and local customers. This configuration is well-suited for service-oriented businesses or national retail brands that require high-exposure real estate in a regional hub. Port Allen continues to serve as an industrial and logistical gateway in the broader Baton Rouge metro area, supported by its proximity to the Mississippi River and major transportation corridors. With a credit tenant composition already in place, the asset presents a straightforward management profile for those looking to maintain occupancy in a growing suburban market. Prospective buyers can leverage the established location to secure long-term value within a key retail corridor of the community.

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NOI
$80,000
Cap Rate
2.44%
DSCR
0.41
Underwater
Cash-on-Cash
-11.67%
Monthly Payment
$16,254.154
Annual Cash Flow
$-115,049.847

Location & Travel Times