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3205 Gertsner Memorial Dr
Lake Charles, LA 70601

$1,421,874 USD

Restaurant For Sale  •  7,313 SF

Property Details

• Property Type Restaurant
• Total Building Size 7,313 SF
• Lot Size 2.07 AC
• Building Class B
• Year Built 2000
• Cap Rate 6.40 %
• Tenancy Single

0 Transit Score

57 Walk Score

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.

Cap Rate:

6.40 %

Amenities

• Signage
• Monument Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lake Charles (Sunset Limited - Amtrak)	8 min	-	5.4 mi
Airport	Drive	Walk	Distance
Lake Charles Regional	13 min	-	7.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	119
Type:	Surface
Included in Rent:	Yes