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The Dowd Cos Sells 34,125 Square Foot Retail Center In Abbeville For $4.1M

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SOLD
$4,100,000

Louisiana

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Retail34,125 SF
Sold 01/08/2026
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Property Image
SOLD

The Dowd Cos Sells 34,125 Square Foot Retail Center In Abbeville For $4.1M

3015 Charity Street

See Similar Deals
Retail34,125 SF
Sold 01/08/2026
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Summary

LOUISIANA
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:34,125 SF
Transaction Type:Sale

The property asset involved in the transaction is a retail center located at 3015 Charity Street in Abbeville, LA. The retail center encompasses a total square footage of 34,125 and was sold for a price of $4,100,000, equating to a price per square foot of $120.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $4,100,000
  • Address: 3015 Charity Street
  • Market: Abbeville, LA
  • Square Footage: 34,125
  • Price Per Square Foot: $120
  • Brokers: John Dowd - The Dowd Cos and Theresa Johnson

The Dowd Cos. facilitated the sale of Lauren Parc to an out-of-state investment firm, marking a significant transaction in the retail sector. John Dowd and Theresa Johnson are the brokers representing this transaction, playing a crucial role in connecting the buyer and seller.

Players

John Dowd
3 deals$14.8M volume(561) 373-5000
BROKER

Theresa Johnson
The Dowd Companies
3 deals$14.8M volume(561) 373-5000
BROKER

Details

SOLD
IMAGE: 01/08/2026 ADDRESS: 3015 Charity Street MARKET: Abbeville, LA ASSET TYPE: Retail BROKERS: John Dowd - The Dowd Cos & Theresa Johnson SALE PRICE: $4,100,000 SF: 34,125 ~ PPSF: $120 NOTE: The Dowd Cos. sold Lauren Parc, a 34,125-square-foot Baton Rouge retail center, to an out-of-state investment firm for $4.1 million.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$218,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10