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69455 Hwy 59
Abita Springs, LA 70420
3,700 SF Restaurant · Property For Lease

PROPERTY FACTS

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 3,700 SF
Year Built/Renovated 2004/2022
Parking Ratio 8.65/1,000 SF

ABOUT THE PROPERTY

+/- 3700 sf restaurant location with ample parking on 0.6 acres. Contact agent for more details. Hood and walk-in freezers to stay with the property Investment Overview: A. Warehouse for Lease – https://www.lacdb.com/listing/30839921 Base Lease Rate: $16,788.21 per month ($6.85 psf NN) NN Fees: Taxes: $23,721.73 ($1,985.18 per month or $0.81 psf) Insurance: $22,280.63 ($1,862.63 per month or $0.76 psf) CAM: Tenant Responsibility NN Fees are $1.57 psf TOTAL GROSS PSF: $8.42 TOTAL GROSS PER MONTH: $20,636.02 B. Warehouse for Sale – $2.3 million - Owner Financing Available - https://www.lacdb.com/listing/30856703 C. Restaurant for Lease - https://www.lacdb.com/listing/30856496 Base Lease Rate: $4000 per month ($12.97 psf NN) NN Fees: Taxes: $2,985 ($248 per month or $0.81 psf) Insurance: $7,892.06 ($657.67 per month or $2.13 psf) CAM: Tenant Responsibility NN Fees are $2.94 psf TOTAL GROSS PSF: $15.91 TOTAL GROSS PER MONTH: $4,905.58 D. Restaurant for Sale - $500,000 - Owner Financing Available - https://www.lacdb.com/listing/30856609 E. Total Property - $2.6 million - Owner Financing Available - https://www.lacdb.com/listing/30856711

  • Listing ID: 29631415

  • Date on Market: 9/26/2023

  • Last Updated:

  • Address: 69455 Hwy 59, Abita Springs, LA 70420

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