Park City Shopping Center For Sale

Stirling Investment Advisors presents a value-add investment opportunity in Minden, Louisiana. Park City Shopping Center is a 66,684-square-foot multi-tenant retail center. Currently 59% occupied, this center offers substantial upside potential through increased occupancy. Anchored by a top-performing Dollar General, the tenant roster includes a complementary blend of national, regional, and local service providers such as Advance America, Minden Medical Center, and H&R Block. Constructed in 1985, the property is situated on 4.91 acres, featuring paved parking and high visibility from a pylon sign.

• Currently 59% occupied, with a mix of triple-net and gross leases

• Value-add potential in leasing vacancies and converting leases to triple-net

• Diversified tenant mix includes national, regional, and local retailers along with a medical center

• Anchored by Dollar General for over 20 years.

• Attractive pricing well below replacement costs.

• Situated in a strong retail corridor, surrounded by other national tenants, including McDonald's, Brookshire's, Walmart, Tractor Supply Co., CATO, T-Mobile, and many others

• Well-positioned on Homer Road (U.S. Route 79), the primary north-south thoroughfare of the city

• Traffic Counts in front of the center are approximately 10,920 vehicles per day

• Minden is the parish seat of Webster Parish and is located approximately 28 miles east of Shreveport