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Executive Summary

Corporate Surplus - Former Cheddar's Scratch Kitchen, West Monroe, LA

Positioned at one of the most strategically valuable restaurant sites in Northeast Louisiana, 224 Blanchard Street presents a rare opportunity to acquire a purpose-built, freestanding restaurant building with direct Interstate 20 frontage and unmatched visibility in West Monroe's dominant retail corridor. Built in 2011 and formerly operated as a Cheddar's Scratch Kitchen, this property offers approximately +/-8,268 square feet of finished restaurant space on +/-1.7 acres - complete with remaining owned furniture, fixtures, and equipment included in the sale.

The building was constructed for high-volume casual dining operations and reflects the full-service infrastructure that demands: an open floor plan with ample natural light, commercial kitchen with freezer capacity, a full-service bar build-out, and 138 parking spaces. Tall pylon signage with direct I-20 visibility provides marketing exposure that very few freestanding properties in the market can match.

Whether the buyer is a restaurant operator ready to re-concept a proven location or a developer/investor targeting this large, high-traffic, easy-access site and trade area, 224 Blanchard Street is the property for you.
Traffic Counts:
I-20: 73,420 VPD
Thomas Rd: 28,385 VPD
+/-8,268 SF freestanding restaurant building, built 2011
+/-1.7-acre site with 138 dedicated parking spaces
Remaining owned FF&E conveys
Direct I-20 frontage with tall pylon signage and exceptional highway visibility
Proven high-volume restaurant location with established consumer traffic patterns
138 parking spaces
Zoning: B-3 General Business District
Free and clear title with no back taxes makes this a clean and compelling investment opportunity.

The immediate trade area offers a Walmart Supercenter and supported by Academy Sports + Outdoors, Hobby Lobby, Big Lots, Harbor Freight Tools, Office Depot, Dollar Tree, Walgreens, and CVS Pharmacy - generating consistent daily consumer traffic from across the region.

Area entertainment and dining options include Cinemark Tinseltown and is surrounded by national restaurant brands including Walk-On's Sports Bistreaux, Buffalo Wild Wings, Texas Roadhouse, Cracker Barrel, Chili's, Outback Steakhouse, and Logan's Roadhouse - confirming this corridor as West Monroe's established dine-out destination.

More than a dozen branded hotels operate within the immediate area, including Hampton Inn, Hilton Garden Inn, Home2 Suites by Hilton, La Quinta, Holiday Inn Express, Wingate, Woodspring Suites, and others - delivering a consistent base of business travelers and overnight guests to support restaurant and retail demand.

Interstate Access: Direct I-20 visibility and access connects this location to Monroe to the east and Shreveport/Dallas to the west, positioning the property squarely in the path of one of the region's most active commercial travel corridors.

Parcel ID#: 106943
2025 Tax Assessment: $138,590
2025 Annual Taxes: $11,958.93

Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, LA Auctioneer #LA-2117 & Broker 76381-ACT

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,268 SF
Building Class
C
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.70 AC
Zoning
B-3 General Business - B-3 General Business
Parking
138 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
235’ on Blanchard St

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Skylights
  • Tenant Controlled HVAC
  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

CrossFit
Cracker Barrel Old Country Store
IHOP
Waffle House
Five Guys
Mcalister's Deli
Logan's Roadhouse
Buffalo Wild Wings
Chili's Grill & Bar
Outback Steakhouse

Property Taxes

Property Taxes

Parcel Number
106943
Land Assessment
$51,709 CAD
Improvements Assessment
$138,159 CAD
Total Assessment
$189,868 CAD
  • Listing ID: 40193662

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 224 Blanchard St, West Monroe, LA 71291

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