Walmart Anchored Shopping Center – Port Allen, LA

3265 La Highway 1 South, Port Allen, LA 70767, USA

Sands Investment Group is pleased to exclusively offer for sale the Walmart Anchored Shopping Center NNN  located at 3265 Louisiana Highway 1 South in Port Allen, LA. This offering features in-place leases that provide investors with long-term income stability, supported by renewal options that extend occupancy well into the 2030s. Positioned on a prime pad in front of Walmart, which sees over 1.6 million visitors annually, the property benefits from prime visibility to retail customers. The synergy with Walmart ensures steady footfall, making this an attractive, durable investment opportunity in a proven retail corridor.

  • Prime Visibility and Strong Customer Draw From Walmart: Consistent high traffic generated by Walmart’s strong customer base.
  • 100% Leased to National & Regional Tenants: Starbucks, AT&T, the Jambalaya Shoppe, and Great American Cookie/Marble Slab, each with established brand recognition.
  • New Construction (2019): Modern building systems, minimal near-term capital expenditure requirements, and attractive curb appeal.
  • Secure Income Stream: Current in-place leases offer long-term stability, with renewal options extending occupancy reliability into the 2030s.
  • Strategic Location on LA Hwy 1 (54,859 VPD): High-traffic corridor connecting Port Allen to Baton Rouge, with excellent ingress/egress and strong daily vehicle counts.
  • Strong Local Economy: Port Allen benefits from proximity to the Mississippi River industrial corridor and the Baton Rouge metro area, diversifying economic drivers.
  • Built-In Rent Growth: Leases feature scheduled rental escalations and renewal option rent bumps, supporting income appreciation over the hold period.

 

In Cooperation With Sands Investment Group Louisiana, LLC – Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman – Lic. LA #BROK.0995700567-ACT

Price

$3,700,000

Cap Rate

6.01%

PREMISES

8,000 SF

Lease Expiration

Varies

Lease Type

NNN

BROKERS

List with SIG

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