781 Louisiana 30 Gonzales, LA 70737

Property Details for 781 Louisiana 30

Year built

2024

Lot size

1.50 lot acres

Property size

4,476 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a newly constructed, 4,476 square foot Sonny's BBQ restaurant situated on a 1.5-acre lot in Gonzales, Louisiana. The property boasts a 15-year absolute NNN lease with a highly successful franchisee, featuring 1.5% annual rent escalations and five five-year renewal options, extending the potential lease term to 40 years. The current annual base rent is $225,000, yielding a 6.15% cap rate on the asking price of $3,658,536 ($817.37 per square foot). Located within the thriving Heritage Crossing development (775 residential units), this prime location benefits from its proximity to major retail drivers, including Tanger Outlets, an Amazon distribution facility, and Louisiana State University, as well as healthcare facilities and significant residential growth. The property is a full-service restaurant with a drive-thru, offering ample parking. This is a fee-simple ownership opportunity with zero landlord responsibilities, making it an ideal addition to any diversified investment portfolio. The building was constructed in 2024 and is zoned for commercial use. The tenant is a single, established franchisee with a proven track record. This is a rare chance to acquire a high-performing asset in a rapidly expanding market. The property's strong tenant, long-term lease, and prime location combine to create a compelling investment proposition.