1437 St. Charles Street is aretail property for lease in Houma, LA.
St. Charles Street Plaza is a 100% leased, 19,160-SF retail shopping center on 2.3 acres on the primary north/south artery of Houma, Louisiana. The city of Houma is strategically located centrally to New Orleans, Baton Rouge, and Lafayette. The 8-year old neighborhood center serves the most affluent demographic in the city and has maintained a high occupancy rate since opening. The property is located on a hard corner, with over 500 feet of frontage on St. Charles Street and is across the street from a major grocery store. St. Charles Street is one of the most heavily traveled north/south, four-lane thoroughfares in the city of Houma. Please submit a completed Confidentiality Agreement to receive the complete offering summary. Sale Price: $2,675,000 Cap Rate: 10%.
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