Prime C-AB-1 Restaurant on LSU Campus

Retail-Commercial for Lease
Catylist Listing ID: 30635371
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 4,200 SF
Building Size (RSF): 4,200 SF
Gross Land Area: 0.51 Acres
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $7,000
Lease Types: NNN
Is Quick-Service Restaurant? Yes
Usable Size (USF): 4,200 SF
Last Updated: 8/13/2020

Overview / Comments

Prime Stand-Alone Restaurant Opportunity adjacent to LSU Campus with Patio Seating Available.

42 Off-Street Parking Spaces.

Full Renovation in 2015 including all new plumbing, electrical, HVAC, new roof, parking lot, etc.

Major FF&E included - Multiple Hoods totaling over 20', Walk-in Cooler, Walk-In Freezer, Ice Machine, floor drains throughout, ADA bathrooms, etc.

Efficient Kitchen to Dining Ratio

This site is a former Newk's Eatery located at the North Gates of LSU, at the intersection of W. Chimes St. and Lake St. Also adjacent to the Student Health Center. Zoned C-AB-1.

2019 Property Taxes & Insurance were $3.23/ft.

Attachments & Media

Expand All Available Space

Suite: 1 4,200 SF $20 PSF (Annual) NNN
Space Available: 4,200 SF
Lease Rate: $20 PSF (Annual)
$7,000 (Monthly)
Lease Type: NNN
Space Subcategory: Free-Standing Store
Date Available: 7/27/2020
Space Type: Relet
Kitchen Yes
Parking Spaces 42
Tax Expenses $6,225 PSF (Annual)
Operating Expenses $7,354 PSF (Annual)

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 52
Tax ID/APN: 005-8022-8
Zoning: C-AB-1
Property Condition: Excellent
Year Renovated: 2015

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,768 78,455 166,285
Median Age: 25.67 32.24 32.92
Households: 5,052 33,895 68,588
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.