University Plaza is a well-positioned community center anchored by complementary retail, restaurant, and service tenants.
Surrounded by dense residential neighborhoods and multiple apartment communities, and located along Lake Charles’ robust Ryan Street commercial corridor, this single-story shopping center offers tenants a premier opportunity for visibility and success.
University Plaza, located at the corner of Ryan Street and Sale Road in Lake Charles, LA (70605), offers a prime location just steps from McNeese State University, the LNG Center to Excellence, and the SWLA Economic Alliance.
The property features a strong tenant mix that includes national brands such as Albertsons, Planet Fitness, and Urban Air, as well as established local operators like Francis Fitzgerald Antiques and the St. Nicholas Center. Eggs Up Grill is scheduled to open next year, further enhancing the center’s appeal.
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.
