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Walmart Shadow Center For Sale

37200 Highway 3089 Donaldsonville, LA 70346

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Overview

100% occupied Walmart shadow center in Donaldsonville, LA. Majority of square footage is leased by national brand tenants with corporate backed leases including Enterprise Car Rental, H&R Block, Hibbett Sports, T-Mobile, Dollar Tree, It's Fashion and AT&T, among others. Currently operating with an NOI of $276,822. Sales price represents an 8.7% CAP rate. Many leases are NNN with tenants responsible for their prorated shared of taxes, insurance, and common area maintenance. Property does have cross access with Walmart. Eagle Plaza Shopping Center • Walmart Shadow Center • Located in Donaldsonville, LA • 29,610 SF Building • 2.958 Acres (128,850 SF) • 9 Units (100% Occupied) • NOI: $276,822 • Cap Rate: 8.7% • 162 Parking Spaces (6 Handicap) • High Visibility • Zoned C2 • 1031 Exchange Possibility • Area Industries announce Local Expansions

For Sale

Retail
Sale Price
$3,200,000
Price Per SF
$108.1/SF
Building Size
29,610 SF
Acres
2.958 ac
Signage
On Building and Monument
Business Park
Eagle Plaza Shopping Center
Number of Buildings
1
Floors
1
Construction Type
Framed
Parking Ratio
5.36 : 1,000
Parking Spaces
162
Rentable SF
29,610
Submarket
LACDB - 92
Nearest MSA
Baton Rouge
Property Status
Existing
In Opportunity Zone
Yes
County
Ascension Parish
Created
2024-06-12
Updated
2025-05-14
Listing ID
b2903acf
Parcel APN
20020866