1990 Florida Avenue SW, Denham Springs, LA 70726 (MLS# BR2026005936)

Remarks & Misc

Remarks

Investment / Owner-Occupant Opportunity | 1990-1992 Florida Blvd., Denham Springs, LA Well-positioned 3-unit retail strip center available for sale on highly visible Florida Boulevard in Denham Springs. The property contains approximately 5,740 rentable square feet and offers a compelling opportunity for a tenant, investor and/or owner-occupant. Units A and B are currently leased to a long-term tenant with combined rental income of $2,900 per month, providing in-place cash flow. Unit C, consisting of approximately 2,800 square feet, was previously owner-occupied and is now vacant and available for lease at $2,800 per month or for immediate occupancy by a new owner or tenant. Unit C was completely remodeled in 2022 and features contemporary finishes, a loading dock, and one 10' x 10' overhead door, making it well-suited for a variety of retail, showroom, office, or service-oriented uses. The property is zoned C-3 and offers a flexible layout with one office buildout and two open floor plan retail spaces. Modified gross lease structure with CAM of $0.75/SF, which includes water, lawn and dumpster service. Offered at sale at $615,000, this is an excellent opportunity to acquire a multi-tenant retail asset with stable income with upside through lease-up of the vacant suite, and potential for owner-occupancy.

Office/Member/Contract Info

List AOR

GBRAR

Property Type

Business Opportunity

Yes

Hotel/Motel

Yes

Industrial

Yes

Professional/Office

Yes

Retail

Yes

Shopping Center

Yes

Price Includes

Real Estate

Yes

Parking

Parking Lot

Yes

Road Frontage

Public Street

Yes

Construction

Frame

Yes

Foundation

Slab

Yes

Exterior

None

Yes

Roof

Metal

Yes

Heating

Central

Yes

Cooling

Central Air

Yes

Gas

Available

Yes

Flooring

Concrete

Yes

Electricity

220 Volts

Yes

Financing

Cash

Yes

Conventional

Yes

Property Features