The Dowd Cos Sells 34,125 Square Foot Retail Center In Abbeville For $4.1M
3015 Charity Street
$4,100,000
$120/SF
Building Size
34,125 SF
Asset Type
Retail
Closing
Jan 8, 2026
About this deal
AI
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
Abbeville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93