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    4292 Us-51 LaPlace, LA 70068

    For Lease
    $25 SF/Yr

    High-traffic QSR with drive-thru, LaPlace, LA.

    Lot size:
    2,717 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional quick-service restaurant (QSR) opportunity is situated on a prominent 44,500 square foot lot at the intersection of Highway 51 (Main Street) and I-10 in LaPlace, Louisiana. Formerly a Burger King, this location benefits from exceptional visibility and accessibility, boasting a high daily traffic count of 28,207 vehicles on Highway 51. The property's strategic placement offers easy access to Interstate 10, providing a strong interstate exit opportunity and convenient access to the thriving LaPlace market. The building is ideally suited for immediate restaurant use, featuring a drive-thru for enhanced customer convenience. This flourishing retail area has seen significant growth in recent years, including the addition of a Starbucks in 2023. The property's location is further enhanced by its proximity to six overnight hotels, providing a substantial customer base. This prime location offers a unique opportunity for a QSR operator to capitalize on the high traffic volume and strong retail environment in St. John the Baptist Parish. The existing building provides a solid foundation for a successful restaurant venture.

    Property Features for 4292 Us-51

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,717 SF

    Unit(s) available at that property

    Space
    Size
    2,717 SF
    Rate per SF
    $25

    HighLights

    • Former Burger King QSR, single‑tenant building on a 44,500 sq ft lot in St. John the Baptist Parish.
    • Located at the intersection of Hwy 51 and I‑10, offering strong interstate visibility and access to the LaPlace market.
    • High traffic count of 28,207 vehicles per day on Hwy 51, excellent visibility, and drive‑thru.
    • Strong surrounding retail environment, including a recently added Starbucks and six hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    LaPlace
    County
    St John the Baptist Parish
    State
    Louisiana
    Longitude
    -90.446285635959
    Latitude
    30.085864964834

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    FAQs

    What type of property is this?
    Restaurant - High-traffic QSR with drive-thru, LaPlace, LA.
    Where is this restaurant located?
    The property is located at 4292 Us-51 LaPlace, LA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Former Burger King QSR, single-tenant building on a 44,500 sq ft lot in St. John the Baptist Parish.; Located at the intersection of Hwy 51 and I-10, offering strong interstate visibility and access to the LaPlace market.; High traffic count of 28,207 vehicles per day on Hwy 51, excellent visibility, and drive-thru.
    Request Owner's contact information
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    LaPlace, LA 70068
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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
    4292 Us-51 LaPlace, LA 70068
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