St. Landry's Plaza 1305 Heather Dr

St. Landry Plaza is made up of a seasoned rent roll with a strong base of national tenants including Hobby Lobby, Cash Saver (Piggly Wiggly), Petsense, It's Fashion, Ollie's Bargain Outlet, among others. The center has direct interstate visibility from Interstate 49's 45,000+ vehicles per day. As future development upside, the property allows for the development of five outparcels up to 5,000 SF building size each. This includes 3 in the parking field facing Interstate 49. The property also offers a significant mark to market opportunity on the Brown's Furniture space, which has no remaining options and significant national tenant interest should they ever leave. Drawing daily shoppers to the center is the grocery anchor Cash Savers (a Piggly Wiggly brand) that operates at a very healthy 1.8% occupancy cost. Another local staple in the center is Mama's Fried Chicken with over $2.2M in annual sales at the location. The property has undergone many major recent property upgrades including new roofs and parking fields, limiting an investors initial capital repairs. The rent roll has a long list of tenants that have been in their spaces 10+ years. National retailers within a mile of the site include Walmart, Walmart Neighborhood Market, Super1 Foods, Dollar Tree, Shoe Dept, Hibbett Sporting Goods, CATO, Planet Fitness, Harbor Freight, among many other national restaurant chains. The center pulls from a significant trade area of 30+ miles in most directions.