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Last updated on April 29th, 2024

CitiPlace - Retail Strip Center for Sale

$7,225,000

1826 Martin Luther King Boulevard, Houma, Louisiana 70360


Building Size20,750 Square Feet
Land Size87,773 Square Feet
ZoningCommercial

CitiPlace Center is perfect for investors seeking a strategic asset in a dynamic retail landscape. Spanning approximately 20,750 square feet CitiPlace Center presents an attractive value-add opportunity with two available vacancies for potential investors.

Key Features:

Tenant Mix: Anchored by prominent businesses such as Moe's Southwest Grill, Lendmark Financial, Salad Station, Firehouse Subs, Quest Diagnostic, and Crumble Cookies.

Traffic Volume: Benefits from significant daily exposure with traffic counts averaging 29,386 vehicles per day.

Value-Add Potential: With two vacancies, there's ample room for growth, enhancing potential revenue streams and capital appreciation.

Strategic Location: Positioned in an area along MLK Blvd. adjacent to big-box retailers, hotels, and restaurants including the popular sports restaurant and bar, WalkOn's, which was recently built directly across the street from the strip center. Citiplace is in the mix with robust consumer activity, ensuring consistent traffic and driving business to our tenants.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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