Prime Investment Opportunity: The Plaquemine Centre

Plaquemine, LouisianaDiscover a Fully Leased Retail Gem in Thriving Plaquemine, Louisiana Nestled along the bustling north side of Belleview Road in the heart of Iberville Parish, The Plaquemine Center offers a rare chance to own a high-performing, income-generating shopping center in a stable and growing community. This 17,600± square foot, Class S steel-frame property, built in 2007 and maintained in excellent condition, boasts a modern design with central HVAC, ample parking (66 spaces), and full ADA compliance. With an effective age of just 15 years, this center is primed for long-term value appreciation. Strategic Location with Strong Growth Potential Located at 58630 Belleview Road, Plaquemine, LA 70764, the property sits on a generous 3.914± acre (170,495± sq ft) rectangular site with 260 feet of prime frontage. Zoned C-6 for commercial use, it’s ideally positioned in a rural-yet-accessible neighborhood that’s evolving with new residential subdivisions and major industrial developments, including the upcoming Formosa Plastics plant as well as Shintech and Dow Chemical, which promises thousands of jobs and economic boost. Proximity to essential amenities like schools, churches, shopping, and healthcare, combined with easy access to Baton Rouge (just 15 miles away), ensures steady foot traffic and tenant stability. The corridor along Belleview Road features well-maintained commercial properties and is expected to remain stable with positive income and population trends. 100% Occupancy with Reliable National and Local Tenants This turnkey investment is fully leased to three established tenants under triple-net (NNN) leases, minimizing owner responsibilities and maximizing cash flow: • Snap Fitness (End Cap, 6,240 sq ft): $78,000/year ($12.50/sq ft), lease through April 2029. • Buy Wise Home Furnishings (Inline, 4,960 sq ft): $54,000/year ($10.89/sq ft), lease through June 2027. • O’Reilly Auto Parts (End Cap, 6,400 sq ft): $60,840/year ($9.51/sq ft), lease through August 2032. Total annual gross income: $192,840 ($10.96/sq ft average). Tenants handle utilities, janitorial, and pro-rata shares of taxes, insurance, and common area maintenance, leaving the owner focused on structural upkeep and management. With a projected net operating income (NOI) of approximately $157,731 in Year 1 and low stabilized vacancy expectations (around 7%), this property delivers consistent returns for passive investors. Expansion Upside with Surplus Land Adding to its appeal, the site includes 2.316± acres (100,895± sq ft) of surplus land valued at around +/-$250,000—perfect for future development, such as self-storage, small service bay industrial warehousing, or multi-family, additional parking, or complementary Phase 2 retail expansions. The land-to-building ratio of 9.687:1 provides flexibility without compromising current operations. Proven Value and Financial Strength Highest and best use confirmed as a multi-tenant shopping center, making it an ideal fit for 1031 exchanges, portfolio additions, or first-time commercial investors. Don’t miss this opportunity to secure a low-maintenance, high-yield asset in a community on the rise. Contact us today for more details, financials, or to schedule a viewing!