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421 W Tunnel Blvd
Houma, LA 70360

$650,000 USD

Storefront For Sale  •  11,624 SF

Property Details

  • Property Type Storefront
  • Total Building Size 11,624 SF
  • Lot Size 0.55 AC
  • Building Class B
  • Year Built 2001
  • Tenancy Multiple
50 Walk Score

Highlights

Prime 11,624-SF retail property with a corner location on Houma’s main retail corridor, currently 52% occupied by national tenant Rent-A-Center.
Stable rental income with upside to occupy or lease remaining sections, with the opportunity to subdivide into three separate units.
Within minutes of national retailers such as Walmart Supercenter, Target, Lowe’s, Planet Fitness, Starbucks, Chick-fil-A, Chili’s, and more.
Highly visible frontage with daily exposure to over 30,000 daily vehicles, elevating tenant appeal with robust branding potential.
Competitive retail submarket with 3.4% vacancies, no inventory under construction, and 4% annual rent growth on average during the past five years.
Strong 5-mile demographics include over 64,000 residents with an average household income of $79,580 and annual consumer spending of over $677M.

Major Tenants

Tenant SF Occupied Lease End Date
Rent-A-Center

Amenities

  • 24 Hour Access
  • Banking
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet
  • Cafe
  • Awning

Public Transportation

AirportDriveWalkDistance
Louis Armstrong New Orleans International 62 min - 46.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Randy Brown 985-217-1620 Keller Williams Commercial
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