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$1 Auction – Former 5,688 SF Restaurant 226 Blanchard St 5 688 pi² Commerce de détail Immeuble West Monroe, LA 71291 243 390 $ CAD (42,79 $ CAD/pi²)

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Certaines informations ont été traduites automatiquement.

Faits saillants de l'investissement

ABSOLUTE $1 AUCTION | Former 5,688 SF Restaurant | 75K VPD | 2007 Built | AUCTION OCTOBER 19-21
High-Exposure Position Just Off Interstate 20: More than 74,800 vehicles pass daily nearby in West Monroe's primary retail and hotel district.
Cinemark Outparcel Amid National Retailers: Flagged hotels, restaurants, and big-box anchors surround the site and drive consistent traffic.

5,688 SF Freestanding Restaurant on 1.34 Acres: Offers a flexible layout for restaurant reuse, retail, entertainment, or service.
200 Feet of Frontage with ±50 Parking Spaces: Blanchard Street access and ample paved area support strong visibility and convenient circulation.
Dense Three-Mile Consumer and Workforce Base: Approximately 38,384 residents and 32,522 daytime employees support local commercial demand.

Résumé de l'annonce

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 226 Blanchard Street in West Monroe, Louisiana is a vacant ±5,688 SF freestanding restaurant on ±1.34 acres offered significantly below replacement cost with FIRST BID MEETS RESERVE. Built in 2007, the Property features approximately 200 feet of frontage along Blanchard Street, ±50 surface parking spaces, a recently replaced 2021 roof, and existing restaurant infrastructure suited for reuse or repositioning. The site sits just off Interstate 20 in the Thomas Road commercial district, positioned as an outparcel to Cinemark and surrounded by hotels, national retailers, restaurants, medical facilities, and other demand generators. Traffic on nearby I-20 exceeds 74,800 VPD, while the three-mile trade area includes approximately 38,384 residents and 32,522 daytime employees. Estimated retail market rent is $14–$18 PSF, providing additional lease-up potential for an investor or owner-user seeking to establish an attractive basis in one of West Monroe’s most active commercial corridors.

Offering Memorandum - 226 Blanchard St