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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

781 Louisiana 30 Gonzales, LA 70737

4,476 SF 1.5 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 4,476 SF
Lot 1.5 ac (65,340 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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