For Auction
Asset Snapshot
Investment Highlights
Offering Summary
For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**Tours will not be allowed after auction.
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 504 EE Wallace Blvd in Ferriday, Louisiana is a vacant, ±8,330-square-foot freestanding retail building offered at a substantial discount to replacement cost. Constructed in 2011 on a ±0.964-acre hard-corner parcel with 42 surface parking spaces and a single curb cut, the property fronts and is visible from US Highway 425 (EE Wallace Blvd), which carries ±11,913 vehicles per day, plus secondary frontage on Tennessee Avenue. Formerly leased to Family Dollar under a triple-net structure, the 20.5-foot-high building is fully built out with an open sales floor, rear storage room, and side delivery door, and is zoned Commercial District to accommodate a wide range of retail, service, and office uses. CoStar estimates market rents of $10-12 PSF, supporting attractive lease-up or owner-user economics. Ferriday sits on US 84 and US 425 in Concordia Parish, roughly 20 minutes from the Mississippi border and 12 miles from Natchez, MS, within a trade area of ±14,376 residents and ±$56,886 average household income. Nearby national retailers including Dollar General, Ace Hardware, Sonic, KFC, AutoZone, and U-Haul reinforce steady, established commercial demand, positioning the property for owner occupancy, re-tenanting, or long-term value-add repositioning.
Due Diligence
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $20,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.