River Centre I – Multi-Tenant Retail Center For Sale

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River Centre I is a multi-tenant retail shopping center in New Roads, LA. Strategically positioned in the New Roads primary retail corridor, this +/- 37,184 SF shopping center is an ideal investment opportunity and an excellent fit for a 1031 exchange.

The center is currently occupied by Hibbett Sports with two spaces available. Potential user types include discount retailers, local garden centers, furniture stores, farm and ranch stores, or fitness centers. Other area businesses in the surrounding area include Enterprise, Snap Fitness & T-Mobile. Other tenants driving traffic to the area include Walmart Supercenter, McDonald's, Family Dollar, and AutoZone.

Enjoy high visibility and foot traffic, accentuated by ample parking for customers. The property's close proximity to major roadways ensures easy accessibility, while the established and diverse customer base, driven by surrounding businesses and residential neighborhoods, promises consistent traffic. With strong potential for rental income and the opportunity for significant signage visibility, this property offers a compelling investment opportunity for Retail / Strip Center investors seeking a flourishing location with ample potential for growth and success.