Town Plaza Shopping Center is a multi-tenant retail (strip) center with a gross leasable area of approximately 103,389 sqft. It is strategically located along US Highway 71 (S. 5th Street), a four-lane highway and major north–south traffic artery in Leesville, enhancing ingress/egress and exposure.
It is in close proximity to “big box” retailers, including Walmart and Lowe’s, which helps drive spillover traffic to the Center. A major driver of demand is Fort Polk, a U.S. military installation located nearby, which supports tens of thousands of personnel, their families, and civilian staff, generating steady consumer foot traffic.
Strategically located on US Hwy 71 a four lane highway and the major North South artery through Leesville,
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.