HR Crossing – Grocery-Anchored

HR Crossing is a Rouses Market anchored development in Lake Charles, Louisiana that opened in December 2020. Positioned roughly three miles south of Interstate 210 and a five minute drive from McNeese State University, the center draws from surrounding single-family neighborhoods with an average household income of $85,396. The trade area is in the midst of an economic boom, with more than 10,000 new homes expected over the next five years. At 96.3% occupied with a weighted average lease term of 11.6 years, the center offers durable, long-dated income anchored by a proven grocery operator in a growth corridor.