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$ 650,000
Est. payment | /mo
11,624 SqFt
$ 650,000
Est. payment | /mo
11,624 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,624 sqft
Price per Sqft $55
Subdivision Rural Tract (No Subd)
MLS Listing ID 2026012089
Lot Size 0.550 Acres
Property Sub-Type Commercial
Property Description
421 W Tunnel Boulevard presents a versatile, value-add retail asset in a highly visible location on Houma's primary commercial corridor. Spanning 11,624 square feet, the property is 52% occupied by national tenant Rent-A-Center, providing existing rental income and strong cross-traffic. This rare opportunity is ideal for owner/users looking to occupy part of the property while offsetting costs with in-place income. The building can also be subdivided into three separate spaces, creating additional leasing opportunities and improved cash flow. Built in 2001, the property features a security system with 24-hour access, ample on-site parking, prominent monument signage, and a well-maintained, flexible layout. Combined with excellent daily traffic, it is well suited for retail, professional office, and service-based businesses. Positioned on a high-impact corner along Tunnel Boulevard, Houma's main retail corridor, the property benefits from traffic counts exceeding 30,000 vehicles per day, maximizing tenant visibility and branding. It is minutes from Walmart Supercenter, Target, Lowe's, Planet Fitness, Starbucks, Chick-fil-A, Chili's, and other major retailers that generate consistent daily customer traffic. Don't miss this opportunity to acquire an income-producing retail asset at well below replacement cost, anchored by an established national tenant in one of Houma's busiest retail corridors. Call today to schedule a tour and request additional information.
Location
State LA
County Terrebonne
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature None
Utilities Available Natural Gas Available
Roof Type Metal
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional, Lease, Lease Purchase, Other
Listing Terms Cash, Conventional, Lease, Lease Purchase, Other
Special Listing Condition As Is
Listed by KELLER WILLIAMS REALTY BAYOU P
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