3205 Gertsner Memorial Dr - Restaurant FOR SALE
Lake Charles, LA 70601 |
$1,300,000 USD
425-274-6696
3205 Gertsner Memorial Dr
Lake Charles, LA 70601
HIGHLIGHTS
- Strong Tenant – Chili’s is one of the largest casual dining restaurant concepts with ±1,200 locations. Chili’s has an operating history of 25+ years
- Absolute NNN Ground Lease – The lease is absolute NNN, providing an owner with 100% passive income.
- Attractive Demographics – There are approximately 86,834 people within a 5-mile radius from the property
- High Density Retail Corridor – A large amount of retail is found off the I-210 on/off ramp along Gerstner Memorial Dr.
- Direct Access to Interstate 210 – The subject property is located right off the Interstate-210 which has an average daily vehicle count of ±48,800 VPD
- Chennault International Airport – The subject property is located in proximity to Chennault International Airport.
FOR SALE DETAILS
PRICE
$1,300,000 USD
PRICE/SF
$178 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chili's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
119
LAND DETAILS
LAND ACRES
2.07 AC
LAND SF
90,181 SF
ZONING
-
APN/PARCEL ID
00372706,00451959
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425-274-6696
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425-274-6696
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