2247 Rees Street ExtBreaux Bridge, LA 70517

  • Other commercial real estate
  • 7,098 SF
For Lease
$15/SF/YR View listing

Property Details for 2247 Rees Street Ext

Year built
2000
Lot size
6.26 AC
Property size (Sq ft)
7,098 SF
Property type
Other commercial real estate
APN
580001270
APU
580001270

Description

This ±4,549 square foot retail space, located at 2247 Rees St Ext in Breaux Bridge, LA 70517, presents a unique investment opportunity. Situated directly off Interstate 10, this endcap boasts a prominent location within the Silvers Casino complex, ensuring high visibility and consistent traffic from casino patrons and the adjacent gas station/convenience store. The property benefits from approximately 47,388 vehicles passing daily on I-10, making it ideal for a quick-service restaurant (QSR). Previously a Hardee's, the space is a turnkey operation, featuring a fully equipped kitchen and dining area, ready for immediate occupancy. The property includes a drive-thru, perfectly suited for catering to travelers. Breaux Bridge's status as a popular rest stop for truck drivers and vacationers further enhances the property's appeal. This NNN lease opportunity has current expenses of $8.57 per square foot, with tenants responsible for all utilities. The property is available for lease and offers a strong potential for return on investment due to its high-traffic location and existing infrastructure. The space is well-suited for a variety of QSR concepts.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,113,095
    Hospitality
    $1,019,589
    Educational
    $848,286
    Medical
    $877,460
    Retail
    $1,319,556
2247 Rees Street Ext, Breaux Bridge, Louisiana
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Location Insight

City
Breaux Bridge
County
Saint Martin
State
Louisiana
Latitude
30.2979
Longitude
-91.9184
CBSA code
29180
CBSA name
LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,928
$31,300
$218,340
$249,640
-
$313,000
$1,455,600
$1,768,600

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