1700 E Prien Lake Road Lake Charles, LA 70601
Looking for cash flow? The Central Plaza is now available in the heart of Lake Charles with the offering of a fully occupied strip center comprising nine units. Boasting a remarkable 100% occupancy rate, this property stands as a beacon of stability, with secured, multi-year leases. Offers a competitive Cap Rate of 9.25%. Situated on approximately 1.64 acres with direct access to Prien Lake Road, the strip center enjoys a strategic location just off a prominent U.S. Interstate, witnessing a steady flow of around 15, 000 vehicles per day. With its strong tenant base, favorable lease terms, and ideal location, this property is an enticing opportunity for investors seeking both stability and growth potential in Lake Charles' commercial real estate landscape. Central plaza currently boasts a nice mix of both National and Local tenants including: Allstate Insurance, Republic Finance, Lake Charles Financial Services, 1st Franklin Financial, Cigar Club, Express OMV and Back to God Revival Holiness Church. Property is zoned for Commercial use. Do not disturb tenants. Financial information to be provided to qualified buyers. LOI required before showing can be scheduled.
- Property TypeCommercial
- NeighborhoodN/A
- CountyCalcasieu
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site19 Days
- MLS StatusPending
- MLS ID NumberSWL24002417
- Home Size Source N/A
- Year BuiltN/A
- Lot Size1.64 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Acreage 1.64
- Water Public
- Property Sub Type Office
- Listing Conditions Standard