Watson Crossing II: 17,000 SF Walmart Shadow Center – Retail Investment
33939 LA-16, Denham Springs, LA 70706
Overview
Watson Crossing II is a 17,000 SF retail opportunity located along LA-16, a Walmart-anchored retail corridor.
The offered portion is 100% occupied and comprises 3 units.
Tenants include Dollar Tree (8,000 SF), K. Laneé Boutique (5,000 SF), and Tech Genius (4,000 SF). The current leases have an average rental rate of $7.77 PSF, presenting opportunity for value-add.
Co-tenants in the center include Smoothie King, Casa Maria Mexican Grill, AT&T, Overtones Music Academy, NV Nails, and Between the Lines Driving Academy.
The asset currently yields an NOI of $132,096 and a Cap Rate of 7.8%.
The adjacent 13,500 SF section of the center located on Pad Site C is separately available for sale. Contact Broker for more information.
Sale Brochure https://buildout.com/sharing/33939-la-16?file=4128808
Links
For Sale
Secondary Uses: Strip Center
- Sale Price
- $1,695,000
- Price Per SF
- $99.7/SF
- Cap Rate
- 7.79%
- Building Size
- 17,000 SF
- Acres
- 1 ac
- Zoning
- C-1
- Zoning Desc.
- Light Commercial
- NOI
- $132,096
- Tenant
- Dollar Tree, K. Laneé Boutique, and Tech Genius
- Building Name
- Watson Crossing II
- Floors
- 1
- Nearest MSA
- Baton Rouge
- Property Use Type
- Investment
- Parish
- Livingston
- Listed
- 03/23/2026
- Updated
- 03/23/2026
- Listing ID
- 61d719eb
- Parcel APN
- 0038224C