2615 Dillard Loop, Lake Charles, LA 70607
This exceptional commercial property, located at 2615 Dillard Road in Lake Charles, Louisiana, 70607, presents a unique investment opportunity. Previously a restaurant, the building offers 4,765 square feet of heated and cooled space, plus an additional 491 square feet of enclosed area, ideal for various commercial uses. Situated in a high-traffic shopping corridor exceeding 1 million square feet, this location boasts excellent visibility and proximity to major retailers including Wal-Mart, Home Depot, Lowe's, Office Depot, Old Navy, Outback Steakhouse, and United Artists Theatre. Its strategic placement, just a block from Interstate 210 and near the intersection of Dillard Loop and Gerstner Memorial Highway, ensures consistent customer flow. Currently vacant and ready for immediate occupancy, the property is exceptionally priced below its current appraisal. Triple net (NNN) lease terms are available, providing tenants with a transparent and manageable cost structure. This versatile building is perfect for a wide range of commercial enterprises seeking a prominent location in one of Lake Charles' premier retail areas. The asking price is $520,000. This property is classified as Special Purpose, Land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.