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    1400 N Martin Luther King Hwy Lake Charles, LA 70601
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    1400 N Martin Luther King Hwy, Lake Charles, LA 70601

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    • Drive through restaurants
    Freestanding Building on Major Thoroughfare For Lease
    $6,509/Mo
    2,150 SF

    Freestanding Building on Major Thoroughfare

    2,150 SF building on 0.46 acre near I-10.

    1400 N Martin Luther King Hwy, Lake Charles, LA
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    Property ID
    US36-1664714
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1400 N Martin Luther King Hwy

    Property type
    Drive through restaurants
    APN
    00381268A
    APU
    00381268A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 6, 2018 — Plaza Street Fund 33 LLC — Deed · related $40k · Umb Bank

    Description

    This exceptional sublease opportunity presents a 2,150-square-foot freestanding restaurant building situated on a 0.46-acre parcel in Lake Charles, Louisiana. The property is ideally located on Highway 171 (Martin Luther King Highway), a major north-south thoroughfare boasting 27,127 cars per day in 2023, and is conveniently located just half a mile from the I-10 interchange (63,240 cars per day in 2023). Lake Charles's thriving economy, driven by petrochemical, manufacturing, and healthcare industries, makes this a prime location for a successful business. The building is a single-story structure with no elevators. The current lease extends until July 31, 2034, with options available, providing long-term stability. This property offers significant potential for a variety of restaurant concepts, benefiting from its high visibility and convenient access to major transportation routes. The property is located in Calcasieu Parish, Louisiana, with the full address being 1400 N Martin Luther King Hwy, Lake Charles, LA 70601. This is a single-tenant retail space.


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    Location Insight

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    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.1797
    Latitude
    30.2562
    CBSA code
    29340
    CBSA name
    LAKE CHARLES, 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
    $13,925
    $9,930
    $110,550
    $120,480
    -
    $99,300
    $737,000
    $836,300
    View Listing
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