1330 Gause Blvd

Marcus & Millichap is pleased to present the fee-simple interest in a 2,500-square-foot Verizon store operated by Cellular Sales of Louisiana, LLC on the Gause Boulevard retail corridor in Slidell, Louisiana. The tenant has operated at this 2016 build-to-suit for a decade and, in May 2026, exercised its first five-year renewal option, extending the term through November 30, 2031 at $112,500 annually with the tenant reimbursing taxes and insurance. The offering is priced at $1,575,000 — a 7.14% capitalization rate on $112,500 of net operating income, $630 per square foot and a 14.0x rent multiple.

• Corporate Guaranty
• Five Years of Term, No Termination Right, and a Remaining Option at a 7.94% Cap
• A Decade of Operating History, Renewed by the Tenant’s Own Election
• Dominant Retail Corridor in an Affluent, Growing Northshore Trade Area