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Gulf Coast Commercial sells newly constructed, Kroger marketplace shadow-anchored site in Louisiana
Gulf Coast Commercial has sold Lake Charles Marketplace, a fully occupied, 7,201-square-foot, newly developed Kroger Marketplace shadow-anchored shopping center in Lake Charles, La. Cushman and Wakefield facilitated the transaction.
Built in 2022, the property is 100 percent occupied and benefits from a dominant grocery anchor. The property sits just west of the signalized intersection of Nelson Road and Country Club Road. Nelson Road serves as a heavily traveled north-south commercial thoroughfare with 27,687 vehicles per day. This is shadow anchored to the second-best performing Kroger Marketplace in the entire state of Louisiana and provides a high-end grocery option in Lake Charles while driving significant consumer traffic by catering to the daily needs of the dense surrounding population.
In addition, tenants such as Merrill, Le Macaron French Pastries and Fleur de Lis Dentistry offer direct-to-consumer experiences that cannot be replicated via the internet and