Property profile

1498 Elton Rd Jennings, LA 70546

OFF-MARKET
Retail properties & Spaces
1,895 SF 0.94 ac lot Built 2018
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,895-square-foot free-standing restaurant building presents a unique sublease opportunity in Jennings, Louisiana. Situated on a 0.94-acre lot, this 2018-constructed property boasts a highly visible location, just 0.4 miles from Interstate 10 (62,562 cars per day) and a major thoroughfare, Highway 26 (14,001 cars per day). The building's strategic placement offers unparalleled access to a substantial customer base. Within a one-mile radius, you'll find a thriving medical community and the Sowela Technical Community College, with its 2,600 students, providing a consistent flow of potential patrons. The property is currently vacant and ready for immediate occupancy. The existing lease agreement extends until March 31, 2039, with options available, ensuring long-term stability for the new tenant. This turnkey restaurant space is perfect for an established business seeking expansion or a new venture looking for a prime location in a growing market. The property is classified as retail and restaurant, with single tenancy. There are no elevators. The property is located in Jefferson Davis Parish, within the Lake Charles submarket. This is a rare opportunity to acquire a well-positioned, modern restaurant building in a dynamic and accessible location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2018
Total area 1,895 SF
Lot 0.94 ac (40,946 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1498 Elton Rd Jennings, LA 70546
Jennings metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1498 Elton Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message