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Amite Crossing – Multi-Tenant Retail Center For Sale

700 West Oak Street
Amite City
LA
70422

Property Type:

Investment Sales

Availability:

Sold

Building Size (SF):

38,618 SF

Land Size (AC):

6.03 AC

Min Available (SF):

38,618 SF

Max Available (SF):

38,618 SF

Sales Price ($):

3,734,822

Cap Rate (%):

8.00%

Description:

SOLD - Amite Crossing Shopping Center is a multi-tenant retail center located in the heart of Amite, Louisiana. The shopping center has excellent visibility and is positioned in the most heavily trafficked area of town. Amite Crossing Shopping Center is 100% occupied and the existing leases provide renewal options with rental increases. Located on W. Oak Street in Amite, LA the center is strategically positioned between Interstate 55 (I-55) and LA Hwy. 51. I-55 is a north-south route, connecting the Gulf of Mexico (New Orleans) to the Great Lakes (Minnesota). The local retail landscape includes national retailers: Winn-Dixie, Walmart Supercenter, Holiday Inn Express, Tractor Supply, Aaron’s, McDonald’s, Taco Bell, Burger King, Wendy’s, O'Reilly Auto Parts, Hancock Bank, as well as many national gas stations and hotel chains.

Contact:

Justin Langlois, CCIM

jlanglois@stirlingprop.com

(225) 445-6434

8550 United Plaza Blvd., Suite 101, Baton Rouge, LA 70809 | (225) 445-6434

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