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1435 W Tunnel Blvd
Houma, LA 70360

Walgreens | 11yr Corp Abs NNN | 24hr store · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built/Renovated
2003/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.40 AC
Zoning
C2 - Commercial
Parking
65 Spaces (4.49 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

About 1435 W Tunnel Blvd , Houma, LA 70360

The subject site is located at the signalized, hard corner intersection of S Hollywood Road and W Tunnel Boulevard (combined 71,800 VPD). The asset has excellent visibility & access on a corner site with multiple points of ingress and egress on both adjacent streets. Walgreens is located along a significant retail corridor just South of major national/credit tenants such as Walmart, Lowe’s, Target, The Home Depot, Marshalls, Petco, Bed Bath & Beyond, Best Buy, Ross and more. Due to its location, Walgreens experiences increased consumer traffic and crossover shopping from the dense nearby national tenants. In addition, reported sales for this location have consistently been above average (contact broker for details). The 5-mile trade area is supported by a dense population of approximately 72,000 with an average household income of $71,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15813
Land Assessment
$78,598
Improvements Assessment
$160,725
Total Assessment
$239,324
  • Listing ID: 9512633

  • Date on Market: 2017-10-10

  • Last Updated:

  • Address: 1435 W Tunnel Blvd, Houma, LA 70360

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