Judy Nicaud
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo
421 W Tunnel Blvd, Houma, LA 70360 Photo

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421 W Tunnel Blvd Houma, LA 70360
$565,000
Active / MLS# 2025005088 / Commercial - Retail / Houma
0 Beds
10080 SqFt

Located along West Tunnel Boulevard, this approximately 10,997 square foot mixed-use investment property offers stable in-place income with clear value-add potential. The property is anchored by Rent-A-Center occupying 6,539 square feet under a long-term lease with renewal options and structured rent increases. An additional 3,273 square feet of retail space is currently vacant, providing immediate lease-up opportunity. The asset also includes a 1,185 square foot rear apartment generating supplemental income. Situated on approximately 0.54 acres with strong corridor visibility, the property reflects an approximate 8% in-place cap rate with projected double-digit returns upon stabilization. This offering presents a balanced investment profile combining durable tenancy, income growth potential, and measurable upside through lease-up.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Central
Lot Size: 0.54 Acres
Roof Type: Metal
Stories: 1.0

Amenities

Roof Sign

Feature Descriptions

Area: No Area
Days on Site: 353
Electric: Other Electricity
Exterior: Metal Const
Flooring: Ceramic Tile
Foundation: Slab
Parking Features: Parking Lot
Sewer: Public Sewer
SQFT Total: 10080
Utilities: Natural Gas Not Available
Water: Public
Window Features: Display Window(s)

Listed By / Shown By

Listed By

Agency Name: Canal & Main Realty
Agency Phone: 985-868-5230
Agent Name: Shantelle Abshire

agent picture

Shown By

Agent Name: Judy Nicaud
Agent Phone:
Agency Title: Compass

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