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    3900 University Pkwy Natchitoches, LA 71457

    Sponsored
    For Lease
    $20 SF/Yr ($11,613 /Mo)

    Grocery-anchored QSR with drive-thru

    Lot size:
    6,968 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,968 square foot retail property, situated on a 0.695-acre lot (30,274 sq ft), presents a unique investment opportunity. Currently featuring a single tenant, 3,996 square feet are available. The building boasts a prime location on University Parkway, directly adjacent to a grocery-anchored center including Super 1 Foods, Walgreens, First Federal Bank, and Zippy's. Its strategic placement offers high visibility and accessibility, benefiting from its proximity to Northwestern State University (11,000 students) and a 120-unit multifamily complex. The property's existing tenant operates a quick-service restaurant with a drive-thru. The property is located in Natchitoches Parish. Please note that use restrictions apply, prohibiting businesses such as bakeries, delis, establishments selling alcoholic beverages, pharmacies, medical/dental practices, car washes, auto repair shops, gyms, and health spas. Detailed use restrictions are available upon request. This is a single-story building offering significant potential for a variety of commercial uses within the permitted guidelines. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a high-traffic location.

    Property Features for 3900 University Pkwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,968 SF
    Total Rate
    11613.33

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,996 SF
    Rate per SF
    $20

    HighLights

    • Retail/Restaurant property totaling 6,968 square feet.
    • Single‑tenant occupancy.
    • 3,996 square feet of vacant space available.
    • Situated on a 0.695‑acre lot (30,274 square feet).
    • Located in Natchitoches Parish.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sonic Drive-In Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Natchitoches
    County
    Natchitoches Parish
    State
    Louisiana
    Longitude
    -93.1065651
    Latitude
    31.753266

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    FAQs

    What type of property is this?
    Restaurant - Grocery-anchored QSR with drive-thru
    Where is this restaurant located?
    The property is located at 3900 University Pkwy Natchitoches, LA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Retail/Restaurant property totaling 6,968 square feet.; Single-tenant occupancy.; 3,996 square feet of vacant space available.
    Request Owner's contact information
    3900 University Pkwy Natchitoches, LA 71457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3900 University Pkwy Natchitoches, LA 71457
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