Kroger out parcel
Retail | 6.12% CAP | 7,200 SqFt
Marketing description
SELLER IS OFFERING A $100,000.00 DISCOUNT!! Prime Retail Investment: 2020 Country Club Rd, Lake Charles, LA 70605
Positioned on the highly trafficked arterial corridor of Country Club Road in Lake Charles, this newly developed retail asset offers an exceptional investment opportunity. The property comprises a single-story, approximately 7,201 SF retail building on a ±0.98-acre site, constructed in 2021 under modern specifications.
Marketing Message:
Ideal for investors seeking a hassle-free, passive retail cash-flow asset with national tenant credit, this property offers long-term stability and upside through lease renewals and escalation. The high-visibility site on a primary retail corridor in Lake Charles ensures sustained demand and market relevance. With a modern facility and strong tenant roster, the building is positioned to perform in both strong and more modest economic conditions.
Call to Action:
Don’t miss the opportunity to secure a fully leased, national-tenant-backed retail property in one of Southwest Louisiana’s key markets. Contact the listing broker for detailed lease roll, tenant profiles, renewal terms, and due-diligence package
Investment highlights
Key Highlights:
Shadow-anchored by a major national grocer. The development is directly shadow-anchored by a major tenant, providing strong traffic draw and stability. Crexi+1
Strong tenancy and lease structure. The asset is 100% leased to three national credit tenants, each in full NNN (triple net) leases with renewal options and built-in rent escalations. Crexi
Strategic location & access. With frontage of roughly 190 feet along Country Club Road, the site benefits from high visibility and excellent ingress/egress.
Modern construction & facilities. Completed recently, the building meets contemporary retail standards, minimizing deferred maintenance and offering turnkey operation for investors. Crexi+1
Attractive financial profile. Listed at an asking price of approximately $3.74 million, with a cap rate of ~6.1% and a net operating income (NOI) of approx. $228,291 annually. Crexi
Strong market fundamentals. Country Club Road is designated as an arterial corridor in Lake Charles’ metropolitan planning, emphasizing the city’s commitment to infrastructure and retail growth along this thoroughfare. MPO Plans WLA+1
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