CONFIDENTIAL Operating Restaurant For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30763450
Property Subtypes: Free-Standing Building, Restaurant, Other
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Sale Price: $2,900,000
Unit Price: $241.67 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 1/18/2022

Overview / Comments

+/- 12,000 SF single story restaurant building
+/- 1.17 acre lot
Fully operating restaurant
The lot has frontage on 4 different streets
Improvements include multiple dining and private banquet rooms, bar areas, offices, commercial kitchens and restrooms.
The excess tract has a site area of 6,480 SF / 0.15 acres and could be sold off for separate development
Zoning: BC-2 Business Core District
Lease price: $13.00 PSF NNN ($13,000 Monthly)
Sale price: $2,900,000.00

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,537 111,586 268,427
Median Age: 38.93 40.92 39.94
Households: 5,110 50,091 114,884


Photograph of Listing Agent

Beau J Box

Beau Box Commercial Real Estate Baton Rouge, LA 70808
LACDB Member
Photograph of Listing Agent

David Baker

Beau Box Commercial Real Estate New Orleans Baton Rouge, LA 70808
LACDB Member
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