5306 University Pky - Restaurant FOR SALE


Natchitoches, LA 71457
$486,133 USD
858-427-1332
5306 University Pky, Natchitoches, LA for Sale
$486,133 USD
Restaurant - FOR SALE
1/3
null | 6% Cap Rate

5306 University Pky
Natchitoches, LA 71457


HIGHLIGHTS

  • National-Renowned Brand – Huddle House first opened in 1964 and now has 275+ locations in across the United States.
  • Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
  • University Town – Northwestern State University achieved its highest on-campus student population in five years with over 1,400 students
  • Robust Economy – Natchitoches sits in the “Timber Basket of America” which creates a natural interest in wood-related industries
  • Exceptional Local Retail – The location is well located nearby many national retailers such as McDonald’s, Whataburger, Wendy’s, Popeyes, IHOP
  • Hotel Proximity – The site is outparceled to a Hampton Inn with other hotels such as Quality Inn, Best Western, Comfort Suites, Holiday Inn

OVERVIEW

Broker of Record Donnie Jarreau License No. BROK.995704351-CORP (LA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 16173 Perkins Road Baton Rouge, LA 70810

FOR SALE DETAILS

PRICE

$486,133 USD

PRICE/SF

$305 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HUDDLE HOUSE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C-1

APN/PARCEL ID

0011471850A

ASK ABOUT THIS PROPERTY

Christopher FilipsMatthews Real Estate Investment ServicesMore Info
858-427-1332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Christopher FilipsMatthews Real Estate Investment ServicesMore Info
858-427-1332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.