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HARDEE'S (VALUE-ADD)
306 West Prien Lake Road
Lake Charles, LA 70601
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Price: $1,300,000
CAP Rate: None  
Status: Available 
LEASE SUMMARY
  • Tenant: Hardee's (Vacant) 
  • Year Built: 2015
  • Property Size: 2,700 SF
  • Lot Size: 0.65 AC
  • Lease Type: Absolute NNN
  • Lease Term: 20 Years
  • Lease Term Left: 16.5 Years Remaining 
  • Guarantee: Personal (***Ask Broker for Details) 
  • Options: Two, 5 year
  • Increases: 7.50% Every 5 years 
PROPERTY SUMMARY
Marcus & Millichap is pleased to offer for sale a former Hardee's Restaurant with Drive-Thru outparcel to a major shopping mall owned and operated by Simon Malls. Neighboring Tenants Include: Starbucks, McDonalds, Sears, JC Penny, TJ Maxx, DICK's Sporting Goods, and Several Moore. The restaurant is located in the prime retail corridor of Lake Charles with traffic counts exceeding 20,000 Cars Per Day.

 

INVESTMENT HIGHLIGHTS
  • Value Add Development/Re-Tenant Opportunity in Highly Desirable Location
  • Outparcel to Major Shopping Mall
  • Frontage along Prien Lake Road | Traffic Counts Exceed 20,000 Cars Per Day
  • Prime Building Size: 2,700 SF
  • Dense 3 Mile Population More than 70,000 People 
  • Neighboring Tenants: Starbucks, McDonalds, Sears, JCPenney, TJ Maxx, DICK's Sporting Goods, and several More 
  • Location offers amazing combination of high population, dense residential housing, solid daytime population, strong average income, and complimentary area tenants. 

 

DOCUMENTS
Our team operates with Marcus and Millichap's 78 offices nationwide and is a leading provider of capital markets transaction services to the US commercial real estate industry. Our team offers clients a fully-integrated national capital markets platform including debt placement, investment sales, equity placement.

 

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CONTACT US
Our team offers clients a fully-integrated national capital markets platform including debt placement, investment sales, equity placement. 
 
Neil Naran
3281 Guasti Road; Suite 800
Ontario, California 91761
P: (909) 456-3476
C: (949) 842-9202
Email: Neil.Naran@Marcusmillichap.com
 

 

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