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Property profile & analytics
FOR LEASE
Commercial real estate

3900 University Pkwy Natchitoches, LA 71457

0.69 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US36-1921623
Property summary
AI-generated overview

This exceptional 6,968 square foot retail property, situated on a 0.695-acre lot (30,274 sq ft), presents a unique investment opportunity. Currently featuring a single tenant, 3,996 square feet are available. The building boasts a prime location on University Parkway, directly adjacent to a grocery-anchored center including Super 1 Foods, Walgreens, First Federal Bank, and Zippy's. Its strategic placement offers high visibility and accessibility, benefiting from its proximity to Northwestern State University (11,000 students) and a 120-unit multifamily complex. The property's existing tenant operates a quick-service restaurant with a drive-thru. The property is located in Natchitoches Parish. Please note that use restrictions apply, prohibiting businesses such as bakeries, delis, establishments selling alcoholic beverages, pharmacies, medical/dental practices, car washes, auto repair shops, gyms, and health spas. Detailed use restrictions are available upon request. This is a single-story building offering significant potential for a variety of commercial uses within the permitted guidelines. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a high-traffic location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.69 ac (30,274 SF)
APN 11211410
UPID US36-1921623
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
Current use
Occupant on record · Public records
  • Sonic Drive-In Restaurant Take-out & Catering
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
SRI OPERATING COMPANY
SRI OPERATING COMPANY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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