Address: 2031 E. Madison Avenue, Bastrop, Louisiana 71220
The Madison Plaza Shopping Center is a 115,203 square foot retail center situated along Madison Avenue in the heart of Bastrop. Madison Plaza is located along one of the busiest roadways in the city with the property boasting 538 feet of frontage along E. Madison Avenue.
- 84.1% occupancy – 65% national credit tenants
- National credit tenants include Dollar General, Citi Trends, Hibbett Sports, Harbor Freight Tools, U.S. Agencies and Affordable Home Furnishings.
- Dollar General Market on new 10-year lease term
- Recent Thrift Store, US Agencies and Cash Cow Finance renewals
- Developable excess land included
List Price: $4,250,000
Cap Rate: 9.42%
GBA: +/- 115,203 SF
Site Size: +/- 15.08 Acres
Parking: +/- 475 Parking Spaces
For further listing details please contact Louis Lebourgeois 985-317-4464, Christopher Dozier 504-722-5393.
