Vacant Restaurant – West Monroe
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.
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