25035 Hwy. 1 South, Plaquemine, LA 70764 - shopping center property

Detailed information about shopping center property which situated in Plaquemine (70764) city, Louisiana state on 25035 Hwy. 1 South.
Subject property is located in a developed commercial/industrial trade area in Plaquemine, Louisiana. Economically, the general area and the subdivision in which the Subject Property is located would be considered an economically fair location given the intended use as a retail shopping center.

Additional Information: Owner Very Motivated – Please bring all offers – The owner is ready to unload this property... It is a 75,945 square foot retail shopping center sitting on 11.5 acres of land. The property is located on Hwy 1 South, on the south side of Plaquemine - In between Lucky St. and Castro St. Belleview Road (Highway 75) and Broadway Street (Highway 1) provide primary access to the subject neighborhood. Current tenant mix includes Goodyear Tire Co., Church, Pay Day Loans, & Wedding Reception. It is only blocks away from the proposed hospital. The Parish has purchased a 28 acre site, with plans to build a 33,000 sf Emergency Room facility that will be run by Ochsner. The ER facility will be phase I of the development, and the city has plans for large-scale expansion. The shopping center is also located within 3 miles of the Plaquemine Ferry. The property is considered class B/C property in the market. Currently brings in $58,800 in gross annual income or $43,200 in net annual income. It was constructed in 1982. It does not sit in the flood zone (site is within Flood Zone "X") - Property is free from contamination or environmental hazards (Clean Environmental Report available). Electrical, HVAC, and Plumbing are in good working order. 35,0000sf Out-parcel available for $250,000 -or- $7.14/ft