About This Restaurant
Investment Highlights
Commercial Land Use | Former Restaurant Site | Broker Fee Ideally Situated Along State Hwy 14 (23,000 VPD) | Excellent Visibility & Access Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools Strong Demographics in 5-Mile Trade Area
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 5,038 SF, freestanding former restaurant located in New Iberia, Louisiana. The property is a former Ruby Tuesday, a popular family restaurant which served the city of New Iberia and its many visitors. The site is located on a C-2 (General Commercial) zoning district, providing for a wide range of potential uses. The site presents an excellent lease-up or redevelopment opportunity in a highly desirable location.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Freestanding Restaurant
- Building Size 5,038
- Building Class C
- Year Built 2005
- Price 1,200,000
- Price Per SF 238
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.16
- Land Acres 0.74 AC
Amenities
- Freeway Visibility
- Restaurant
- Air Conditioning
Property Taxes
| Parcel Number | 0502716990A | Improvements Assessment | $15,096 |
| Land Assessment | $62,309 | Total Assessment | $77,405 |
| Date Created: | 2024-07-16 04:16:16 | Last Updated: | 2024-07-16 04:16:16 |
| Address: | 2813 Highway 14 , New Iberia, Louisiana, 70560 | ||