Ascension Plaza: Fully Occupied Walmart-Shadowed Retail Investment
122 S Airline Hwy, Gonzales, LA 70737

Overview
Sale Brochure https://buildout.com/sharing/122-s-airline-hwy?file=4233954
Ascension Plaza is a 24,300 SF retail center located along Airline Highway in Gonzales, near Walmart Supercenter, Rouses Market, and Cornerview Plaza.
The property is 100% occupied with a tenant lineup including Tutti Frutti Frozen Yogurt, Cox Communications, Wingstop, Hibbett Sports, Hello Tokyo, Total Wireless, The Honey Baked Ham Company, Buck Up, and Elegant Touch Nails & Spa.
Built in 2009, the center sits on 2.78 acres and is zoned Limited Commercial District.
The asset is structured with NNN leases and currently yields an NOI of $394,882.
Positioned along one of Gonzales’ primary retail corridors, the property benefits from strong visibility and surrounding national retail activity.
Attachments
Links
For Sale
Secondary Uses: Strip Center, Free Standing, Showroom, Big Box
- Sale Price
- $4,789,500
- Price Per SF
- $197.10/SF
- Cap Rate
- 8.24%
- Building Size
- 24,300 SF
- Lot Size
- 2.737 ac
- Zoning
- C-1
- Zoning Desc.
- Limited Commercial
- NOI
- $394,882
- Building Name
- Ascension Plaza
- Year Built
- 2009
- Nearest MSA
- Baton Rouge
- Property Use Type
- Investment
- Parish
- Ascension
- Listed
- 06/11/2026
- Updated
- 06/11/2026
- Listing ID
- 4901a091
- Parcel APN
- 20017175


