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Former Restaurant | Owner/User Redevelop Opp 2813 Highway 14

5,038 SF Retail Building New Iberia, LA 70560 £828,450 (£164/SF)

Investment Highlights

  • Commercial Land Use | Former Restaurant Site | Broker Fee
  • Ideally Situated Along State Hwy 14 (23,000 VPD) | Excellent Visibility & Access
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools
  • Strong Demographics in 5-Mile Trade Area

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 5,038 SF, freestanding former restaurant located in New Iberia, Louisiana. The property is a former Ruby Tuesday, a popular family restaurant which served the city of New Iberia and its many visitors. The site is located on a C-2 (General Commercial) zoning district, providing for a wide range of potential uses. The site presents an excellent lease-up or redevelopment opportunity in a highly desirable location.

Attachments

New Iberia LA - Former Ruby Tuesday's OM

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,038 SF
Building Class
C
Year Built
2005
Price
£828,450
Price Per SF
£164
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Land Acres
0.74 AC
Zoning
C-2 - General Commercial on main highway across from LOWES, surrounded by hotels and restaurants to bring in trade
Parking
61 Spaces (12.11 Spaces per 1,000 SF Leased)
Frontage
236 ft on Hwy 14

Amenities

  • Freeway Visibility
  • Restaurant
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,038 SF
  • Restaurant
  • Outparcel
  • Now

The building features a full bar area, salad station, and ample dining space throughout. The kitchen is equipped with a walk-in freezer, cold storage, a dishwashing station, and a variety of FFE. Two signage opportunities are available.

Space Size Space Use Position Available
1st Floor 5,038 SF Restaurant Outparcel Now

1st Floor

Size
5,038 SF
Space Use
Restaurant
Position
Outparcel
Available
Now

1st Floor

Size 5,038 SF
Space Use Restaurant
Position Outparcel
Available Now

The building features a full bar area, salad station, and ample dining space throughout. The kitchen is equipped with a walk-in freezer, cold storage, a dishwashing station, and a variety of FFE. Two signage opportunities are available.

Links

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PROPERTY TAXES

Parcel Number 0502716990A Improvements Assessment £49,225
Land Assessment £11,926 Total Assessment £61,151

PROPERTY TAXES

Parcel Number
0502716990A
Land Assessment
£11,926
Improvements Assessment
£49,225
Total Assessment
£61,151
(254) 716-4448

  • Listing ID: 29158213

  • Date on Market: 01/08/2023

  • Last Updated:

  • Address: 2813 Highway 14, New Iberia, LA 70560

The Retail Property at 2813 Highway 14, New Iberia, LA 70560 is currently available For Sale. Contact National Net Lease Group for more information.

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2813 Highway 14, New Iberia, LA for sale Building Photo- Image 1 of 6
New Iberia LA - Former Ruby Tuesday's
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New Iberia LA - Former Ruby Tuesday's3
2813 Highway 14, New Iberia, LA for sale Building Photo- Image 5 of 6
New Iberia LA - Former Ruby Tuesday's4

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© 2024 CoStar Group

Former Restaurant | Owner/User Redevelop Opp | 2813 Highway 14
(254) 716-4448 x

Former Restaurant | Owner/User Redevelop Opp | 2813 Highway 14

John Toben

(254) 716-4448

(254) 716-4448

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