Address: 2031 E. Madison Avenue, Bastrop, Louisiana 71220
The McEnery Company is proud to announce the successful closing of Madison Plaza, a well-positioned neighborhood shopping center in Bastrop, Louisiana. The transaction was negotiated exclusively by Louis Lebourgeois and Chris Dozier, with an all-cash sale to a New York City-based investment group, closing in just 30 days.
Ahead of the sale, our team implemented strategic leasing initiatives, including multiple tenant renewals and the addition of a new DG Market. These efforts resulted in an increase of nearly $200,000 in net operating income (NOI), significantly enhancing the asset’s value and long-term performance.
Congratulations to all parties involved in this successful transaction.
Closing Date: 5-14-25
List Price: $3,950,000
GBA: +/- 115,203 SF
Site Size: +/- 15.08 Acres
For further listing details please contact Louis Lebourgeois 985-317-4464, Christopher Dozier 504-722-5393.
