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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.
Features
Cooling System: Central Air
Exterior Type: Brick
Exterior Type: Frame
Heating System: Central
Legal Description: IRREGULAR-SHAPED TRACT MEASURING 41.97' FRONT ON EAST SIDE LEVRON STREET BEING BOUNDED NORTH BY TUNNEL BOULEVARD AND SOUTH BY ROUTIER STREET WITHIN POINTS A-B-C-D-E-A ON "MAP SHOWING BOUNDARY AGREEMENT BETWEEN BERTHA MEY BALDWIN AND CITY OF HOUMA.