Leased Restaurant with Excess
1504 Ruth Street Sulphur, LA 70663
1504 Ruth Street, Sulphur, LA, 70663
$995,000 SF/Yr
For Lease
$995,000
Leased restaurant investment plus excess land positioned between I-10 and US Hwy-90 for strong visibility and access.
Days on Market47
Property Features for 1504 Ruth Street
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing Agency
Elifin Realty
(501) 513-7394
Listed by
Mark Johns
(501) 513-7394
Source
Elifinrealty
Added: Jun 2 Checked: Jul 17 at 3:04 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elifin Realty
Investment Insights
Based on property information with market context.
This offering pairs a leased restaurant investment with excess land, creating flexibility for an operator or investor looking to hold income-producing real estate while retaining additional development or expansion potential. The property is currently under lease, with a remaining lease term in place, supporting an investment strategy built around existing cash flow.
Located at 1504 Ruth St in Sulphur, LA, the site benefits from a practical in-between location between I-10 and US Hwy-90, with both roadways approximately 0.07 miles away. The property is bordered by these major corridors, and the provided materials note approximately 120,706 vehicles per day on I-10. It is also positioned near residential areas, with the remarks specifically highlighting proximity to higher foot-traffic.
For tenants and buyers, the combination of an operating restaurant lease and adjacent excess land can be appealing for maintaining stabilized operations while evaluating future site use. This is a straightforward fit for investors seeking a leased restaurant asset with a clear transportation advantage, as well as those interested in potential long-term options tied to the additional land.
Located at 1504 Ruth St in Sulphur, LA, the site benefits from a practical in-between location between I-10 and US Hwy-90, with both roadways approximately 0.07 miles away. The property is bordered by these major corridors, and the provided materials note approximately 120,706 vehicles per day on I-10. It is also positioned near residential areas, with the remarks specifically highlighting proximity to higher foot-traffic.
For tenants and buyers, the combination of an operating restaurant lease and adjacent excess land can be appealing for maintaining stabilized operations while evaluating future site use. This is a straightforward fit for investors seeking a leased restaurant asset with a clear transportation advantage, as well as those interested in potential long-term options tied to the additional land.
Key Highlights
- Leased restaurant investment at 1504 Ruth St, Sulphur, LA with an 8% cap rate
- Remaining lease term is in place with the restaurant currently leased
- Property is bordered by I‑10 and US Hwy‑90, both about 1.07 miles away
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tate Cove Seafood ...
Restaurant
Similar For Rent Nearby
FAQs
What type of property is this?
Conventional restaurant - Leased restaurant investment plus excess land positioned between I-10 and US Hwy-90 for strong visibility and access.
Where is this conventional restaurant located?
The property is located at 1504 Ruth Street Sulphur, LA.
What is the lease rate?
The lease rate is $995,000.
What are key features of this property?
This property features: Leased restaurant investment at 1504 Ruth St, Sulphur, LA with an 8% cap rate; Remaining lease term is in place with the restaurant currently leased; Property is bordered by I‑10 and US Hwy‑90, both about 1.07 miles away