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Leased Restaurant with Excess Land
For Lease
$995,000

1504 Ruth Street, Sulphur, LA 70663

Leased restaurant investment plus excess land positioned between I-10 and US Hwy-90 for strong visibility and access.

Space SizeContact for details
Property Size2,105 SF
Days on Market93

Property Features for 1504 Ruth Street

General Information

Standard status Active
Size 2,105 SF
Property subtype Retail

Financials

Cap Rate 8%
Business Included Yes

Site & Location

Traffic Count 120,706 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 2,105 SF
Listing Agency: Elifin Realty
Listed By: Mark Johns · License #995715972
Source: Elifinrealty
Added: Jun 2 Changed: Aug 9 Last Checked: Sep 2 at 4:08PM

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.

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

Current Use

Tate Cove Seafood ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

120,706 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
105k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 72% Groceries 13% Shops & Services 12% Home Improvements & Furnishings 2%
McDonald's Dining
28,105 visits/mo 0.1 miles
Brookshire Brothers Groceries
13,264 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
11,635 visits/mo 0.2 miles
Wendy's Dining
9,968 visits/mo 0.5 miles
Taco Bell Dining
8,726 visits/mo 0.5 miles

Demographics for 70663, LA

29,325
Population
12,767
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
97.8 sq mi
ZIP Area
300
Density / Sq Mi
$59,444
Median Household Income
$37,587
Median Earnings
$914
Median Rent
$174,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

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
More about this property
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