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- LoopNet Team
1897 US -425
Rayville, LA 71269
La Fogata Mexican Grill Restaurant · Retail Property For Sale
PROPERTY FACTS
- Restaurant
- General Retail Freestanding
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Signage
- Waterfront
- Balcony
About 1897 US -425 , Rayville, LA 71269
Strong Lease Fundamentals: La Fogata is a true fee simple deal, of which approximately ± 3 years are remaining on the original 5-year lease. The lease includes minimal landlord responsibilities of taxes & insurance. High-Quality Construction: Built-in 2017, the subject property presents an inviting atmosphere for customers while providing excellent visibility in a pride of ownership investment. The rear portion of the restaurant includes an outdoor patio of which customers can enjoy dinner with a scenic view of the water. Multi-Unit Operator: The business owner of the La Fogata offering has multiple locations in Louisiana. The subject property is the operator’s most recent location, and he plans to open up more in the future. Fundamentally Sound Development: Situated on a ±1.00 acre lot, property bodes ideal & convenient ingress/egress, ample parking, and great frontage w/ unobstructed visibility Solid Retail Synergies: Despite being in a smaller market, Rayville, Louisiana has a strong retail base, comprised of a solid mix of national tenants including McDonald, Popeyes, Sonic, Walmart Supercenter, Brookshire’s, Dollar General, Family Dollar, Fox’s pizza, and more. Brand New Development: Located just 10 minutes away is the newly built Georgia Pacific distribution center. Additionally, a brand new KFC/Taco Bell has already begun construction next door to this property Elevated Traffic Counts: Combined Traffic Counts of roughly ±50,000 VPD. La Fogata has direct frontage off Hwy 425 (±15,000 VPD) & situated within close proximity to I-20 (±35,000 VPD) Interstate Access: The subject property is located within close proximity to I-20 and situated immediately off exit 138. I-20 is the main interstate that runs across Northern Louisiana, of which Rayville directly benefits from. Interstate 20: I-20 is a major east-west Interstate Highway in the Southern United States. The major cities that I-20 connects to includes (from west to east) Fort Worth, Texas; Dallas, Texas; Shreveport, Louisiana; Jackson, Mississippi; Birmingham, Alabama; Atlanta, Georgia; Augusta, Georgia; and Columbia, South Carolina.
Links
Listing ID: 17401854
Date on Market: 2019-10-08
Last Updated:
Address: 1897 US -425, Rayville, LA 71269
The Retail Property at 1897 US -425, Rayville, LA 71269 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.