www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29796262
29796263

226 Blanchard St, West Monroe, LA 71291

KM
CA 2067187, TN 362005
Matthews
NF
CA CA02244861
Matthews
CR
CA 02209620
Matthews
Listed by Matthews
$711,000
108 days on market
Updated 108 days ago

Vacant Restaurant – West Monroe

Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,688
Year Built 2007
Acreage 1.350

Flexible Use Potential | Former El Chico

Investment highlights

  • Below Replacement Cost: Opportunity to acquire a fully built restaurant at a price below current replacement cost, providing a lower barrier to entry, reduced development risk, and stronger long-term cash flow by avoiding ground-up construction expenses.

  • Flexible Use Potential: Well-suited for a restaurant operator, national casual dining brand, or alternative commercial use, offering ownership flexibility, operational adaptability, and enhanced income potential.

  • High-Density Retail Corridor: Located just off Highway 20 in a premier retail corridor serving West Monroe, LA, surrounded by high-credit national tenants including Chick-fil-A, Popeyes, KFC, Taco Bell, Raising Cane’s, Subway, Hobby Lobby, Office Depot, McDonald’s, Wendy’s, Burger King, and Walmart Supercenter.

  • Large Acreage: Situated on a sizable ±1.35-acre parcel, providing ample space for parking, expansion, or future redevelopment opportunities.

  • Cinemark & Hotel Outparcel Location: Positioned as an outparcel to a Cinemark Movie Theater and a newly constructed WoodSpring Suites Hotel, benefiting from strong traffic drivers and consistent consumer activity.

  • Dense Population Base: Located within a densely populated trade area, with a population exceeding 32,145 within a five-mile radius, supporting sustained demand and long-term viability.

  • Zoning B-3: General Business District: Zoned for a broad range of retail goods and services required by residents of the city and its trade area, allowing maximum commercial flexibility.

Listing Contacts

KM
CA 2067187, TN 362005
Matthews
NF
CA CA02244861
Matthews
CR
CA 02209620
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Donnie Jarreau
License
License # BROK.32688-ACT, BROK.995704351-CORP
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591