2020 Gause Boulevard, Slidell, LA 70461

The Property is located on Highway 190 (Gause Boulevard West) in Slidell, Louisiana. Just south of Interstate 10 is one of the primary shopping districts in the Slidell market, known as the Northshore Square Mall. While DOTD’s traffic counts are over a decade old, in 2006 they recorded over 24,000 cars per day on Highway 190 and just under 30,000 cars per day on Northshore Blvd.

Tenants include Pizza Hut, Anytime Fitness, Vera’s Seafood, Real Ink, Kenyon McCall, Epitome Hair Salon, Various Long-Term Parking Tenants

This Property presents an opportunity to acquire an asset that has upside potential. The extra land behind the building has attracted a large number of long-term-parking tenants, and the extra rent serves to diversify and reduce risk in addition to providing an extra income stream. Alternatively, the extra land could be developed into an office building or other income-producing use.

$1,680,000 is a 9% CAP With Upside

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