Please Wait ...

Grocery Anchored Shopping Center Located in an Opportunity Zone 

 

Investment Highlights:

  • Historically Stable Performing Retail Asset – Winn-Dixie Anchored since 1986
  • Strong Market Position – High Barriers to Entry for Additional Supermarkets
  • Ideal Mix of National, Regional, and Local Tenants
  • Located Within an Opportunity Zone – Increased Tax Incentives for 1031 Exchange Buyers
  • Over $300,000 in Renovations Since Winn- Dixie's 2016 Renewal

 

NAI Latter & Blum and CBRE are pleased to present Park Plaza, a Winn-Dixie Anchored Shopping Center comprised of two buildings measuring 99,176 SF. Other tenants include Goodwill Industries, Smoothie King, Boost Mobile, Café Roma, Bravata Fitness, Nails Etc., Mobile Tint, and USAgencies Insurance.

Winn-Dixie extended its lease in mid-2016 for an additional 10-year term. In consideration of that renewal, Winn-Dixie received a T.I. allowance from Lessor to renovate its store and upgrade the Pylon sign. The Lessor also replaced parking lot signs with new placards and signs, re-striped the parking lot, and painted the exterior (including light poles) of the Property.

Smoothie King is in the process of moving from its inline location to an end-cap where it will have a drive-thru and larger leasehold footprint.

 

     

    Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

    Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

    You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

    Park Plaza Shopping Center

    3300 Paris Road, Chalmette, LA 70043

    Expired

    Asset Snapshot

    • Asset Type
    • Real Estate
    • Land Area
    • 9.39 Acres
    • Year Built
    • 1986
    • Year Renovated
    • 2017
    • Number of Floors
    • 1
    • Occupancy
    • 90.70%
    • Retail Type
    • Grocery Anchored Center
    • Anchor
    • Yes
    • Property Size
    • 99,176 Sq Ft
    • Platform Fee

      Platform fee for this transaction is 5.00% or a minimum of $25,000.

    • Cooperating Broker Fee Available!

      Cooperating brokers may be eligible for a 0.50% co-op fee if their client is the winning bidder. If you are a broker, click here to login and identify your client.

    • Auctioneer

      1. Lamar P. Fisher

        Fisher Auction Company Inc.

        License: 1983 Co: AB-424