List Search

205 Basic St

West Monroe, LA 71292

$5,110,000

Restaurant For Sale  •  9,100 Sq Ft

Property Details

  • Property Type Restaurant
  • Total Building Size 9,100 Sq Ft
  • Lot Size 1.8 ac
  • Building Class B
  • Year Built 2018
  • Cap Rate 6.85 %
0 Transit Score
25 Walk Score

Description

JENNIFER D. STEIN
JDS Real Estate Services, Inc.
LA Lic. # Brok.0995688204 & CA Lic. #01507135 
213.446.5366 | DIRECT
jstein@jdsreservices.com

Highlights

New 15 Year Lease From Close of Escrow
Walk-On’s Was Voted By ESPN as the #1 Sports Bar in America and the Fastest Growing Restaurant Chain in the County With 82% Sales Growth in 2018
Strong Performing Location With Above Average Sales and Rent Strategically Calculated to Provide a Low Rent-to-Sales Ratio
This Franchisee Was One of the First Franchisee Partners With Walk-On’s and Currently Operates Multiple Locations With 2 More Currently in Development
Experienced Restaurant Operator With Over 30 Years of Experience Who Owns and Operates Multiple Restaurant Concepts
Ranked #26 On Forbes Cost of Doing Business List
Cap Rate: 6.85 %

Major Tenants

Tenant SF Occupied Lease End Date
Walk-On's 9,100 SF 12/31/2033

Public Transportation

AirportDriveWalkDistance
Monroe Regional Airport 12 min - 7.6 mi
Chris Naylon 310-774-3748 Sands Investment Group Santa Monica, LLC
Chris Naylon 310-774-3748 Sands Investment Group Santa Monica, LLC