Investment Highlights
Executive Summary
Former Bar Louie restaurant at the entrance to Downtown Sioux City. Includes FF&E, except for proprietary Bar Louie furniture. Potential for drive-thru on west wall of restaurant. Includes 1,648 sf of beautiful outdoor patios with fireplaces. Owner spent $4m creating Bar Louie in 2018. Will need to provide room service and conference service to connected and completely renovated Doubletree by Hilton fall of 2024. Restaurant has shared access to large common restrooms in hotel lobby in addition to its own private restrooms. Direct kitchen access to service two hotel conference rooms. New PepperJax Grill to open next door fall of 2024. Join Famous Dave's BBQ, Burger King, Walgreen's, Perkins, Chili's, Scooter's Coffee, Arby's, Hardee's, Kum & Go & Avid Hotel, all within a couple of blocks. Traffic counts of 23,600 vehicles per day (VPD) on Gordon Drive (US Business 20) and 36,600 VPD on I-29.