Ascension Plaza: Fully Occupied Walmart-Shadowed Retail Investment

122 S Airline Hwy, Gonzales, LA 70737

Property Information

  • For Sale $4,789,500
  • Property Type Retail - Street Retail
  • Property Size 24,300 SF
  • Units 10
  • Lot Size 2.74 Acre
  • Date Updated Jun 11, 2026

Description

-Ascension Plaza is a 24,300 SF retail center located along Airline Highway in Gonzales, near Walmart Supercenter, Rouses Market, and Cornerview Plaza. The property is 100% occupied with a tenant lineup including Tutti Frutti Frozen Yogurt, Cox Communications, Wingstop, Hibbett Sports, Hello Tokyo, Total Wireless, The Honey Baked Ham Company, Buck Up, and Elegant Touch Nails & Spa. Built in 2009, the center sits on 2.78 acres and is zoned Limited Commercial District. The asset is structured with NNN leases and currently yields an NOI of $394,882. Positioned along one of Gonzales’ primary retail corridors, the property benefits from strong visibility and surrounding national retail activity.

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