3900 University Pkwy Natchitoches, LA 71457
For Lease
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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.
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Sonic Drive-In Restaurant Take-out & Catering
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
No recorded transactions found for this property.
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.