Roughly a year since being sold for $2.2 million, a Zachary shopping center at 5460 Main St. that’s home to the Stage and Dirt Cheap stores has been sold again, this time for $2,925,000.
The new owner is J.B. Levert Land Co., a subsidiary of Metairie-based The Levert Companies. Louis Andolsek Jr., company president, says the previous owner, ZSCP LLC, had negotiated new leases with the current tenants, as well as plans for an expansion and some building upgrades, prior to selling. About 8,000 square feet of space is to be added to the center, with the two current tenants to split the addition, Andolsek says.
“Aside from the expansion and a few building improvements, we plan to continue to utilize it as it currently is,” he says.
According to land records filed with the East Baton Rouge Parish Clerk of Court, ZSCP was represented in the sale by John Moss Jr., who told Daily Report last December that he and other business partners were buying the center as an investment. —Steve Sanoski
