Unit Town East Shopping Center
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Available on
December 15, 2023
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Time on Market
5 months
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Last updated
Dec 14, 2023
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Space ID
2151271
Property Details
Synergistic Tenant Roster: In addition to Tractor Supply and Bealls, the tenant roster at Town East is comprised of a synergistic blend of national, regional, and local retailers, most of which are e-commerce-resistant,. Advantageous Cost Basis: The ability to acquire the Property below replacement costs provides investors with a valuable entry point for an established retail property while minimizing overall economic risk. . Premiere Retail Node: The Property’s prominent market position places it in the heart of Minden’s retail activity, providing excellent access and visibility from the significant frontage on Highway 79, the city’s main east-west thoroughfare. This Tractor Supply is the 44th most visited location nationwide out of 1,523 sites and the second most frequented site in Louisiana. . Strong Retail Fundamentals: Town East is characterized by excellent retail fundamentals, which have enabled its ongoing success over the years. In addition to exceptional visibility and signage, ample parking, and a position at a hard corner, the Property boasts twelve total access points.. Proximity to Walmart Supercenter: Town East’s adjacency to Walmart provides substantial cross-traffic for the Property’s tenants and bolsters the Property’s long-term success. With 2.0 million annual visits, Walmart Supercenter continues to be among the largest driving forces of consumer activity within the residential area surrounding the Property. . Additional Consumer Drivers: The Property’s existing tenants benefit from the additional consumer traffic driven by the separately owned pad sites featuring wide-ranging retailers.
- Property TypeRetail
- Total Building Size151,702RSF
- Total Available151,702RSF
- Last updatedDec 15, 2023
- Property ID2229954