Property Listing No Longer Available for Sale

1710 N. Airline Highway, Gonzales, LA

Retail for Sale - $3,054,740 - 11,012 Sq. Ft. on 1.03 acres

Property Info

CIMLS #973342
Location1710 N. Airline Highway
Gonzales LA 70737
Last UpdatedOctober 11th, 2018
Building11,012 Sq. Ft.
Land1.03 acres
DemographicsView data

Property Description

The subject property consists of the ownership of improved land (43,013 square feet) occupied by a 11,012 square foot Rite Aid drug store and pharmacy drive-thru lane. The property is located directly on N. Airline Highway next to a newer Lowe’s Home Improvement center. The property was originally developed as a build-to-suit for Rite Aid and contains 52 parking spaces. The interior of the improvements is primarily utilized as a retail area and includes several checkout counters, a pharmacy area and a photo shop. The original NNN lease was for 20 years with 8 five year options to renew. There is approximately 6+ years remaining and expires on December 14, 2024.

The Rite Aid is surrounded by several national and regional retailers, including Shell, Salvation Army, Malco Cinema, Premier Bowling Lanes, Smoothie King, My Self Storage, Jack in the Box, Petsmart, Pizza Hut, Taco Bell, Subway, Walmart, Kmart and Big Lots. There is a newer Lowe’s Home Improvement center about 1 blocks north of the Rite Aid.