100% occupied Walmart shadow center in Donaldsonville, LA. Majority of square footage is leased by national brand tenants with corporate backed leases including Enterprise Car Rental, H&R Block, Hibbett Sports, T-Mobile, Dollar Tree, It's Fashion and AT&T, among others. Currently operating with an NOI of $276,822. Sales price represents an 8.7% CAP rate. Many leases are NNN with tenants responsible for their prorated shared of taxes, insurance, and common area maintenance. Property does have cross access with Walmart.
Eagle Plaza Shopping Center
• Walmart Shadow Center
• Located in Donaldsonville, LA
• 29,610 SF Building
• 2.958 Acres (128,850 SF)
• 9 Units (100% Occupied)
• NOI: $276,822
• Cap Rate: 8.7%
• 162 Parking Spaces (6 Handicap)
• High Visibility
• Zoned C2
• 1031 Exchange Possibility
• Area Industries announce Local Expansions