629 W Prien Lake Rd Lake Charles, LA 70601
Estimated payment $10,065/month
About This Home
Exceptional investment opportunity in a proven location. This fully operational, single-tenant restaurant property is located in a high-traffic commercial corridor with excellent visibility and strong surrounding demographics. The tenant is an established and successful restaurant operator with a solid track record. The property is offered as a turn-key, income-producing asset, existing NNN lease period expires in December of 2033. Current Net Operating Income (NOI) is approximately $121,000 annually, providing immediate and stable cash flow. Strategically situated near major retailers and commuter routes, this location benefits from consistent customer traffic and long-term growth potential. With minimal landlord responsibilities and a seasoned operator in place, this is an ideal addition to any investor's portfolio. Highlights: Single-tenant NNN lease NOI: ~$121,000 annually. High-visibility location in strong retail corridor. Established, successful tenant in operation. Turn-key investment with passive income. Contact listing agent for further details!
Listing Agent
Christopher Khoury
Bricks & Mortar- Real Estate Brokerage Phone: (337) 526-9647 License #995701876 Listed on: 05/29/2025
Map
Property Details
Property Type
Other
Est. Annual Taxes
$12,091
Lot Details
0
Listing Details
- Property Sub Type: Special Purpose
- Property Type: Commercial Sale
- Business Type: Restaurant
- Lot Size: 165x300
- Co List Office Mls Id: 27
- Co List Office Phone: 337-564-6345
- Directions: From I-210 East in Lake Charles: Take Exit 6 toward LA-14/Gerstner Memorial Dr. Merge onto E Prien Lake Rd. Continue on E Prien Lake Rd for approximately 1.5 miles. Property on the right at 629 W Prien Lake Rd, Lake Charles, LA 70601
- Special Features: VirtualTour
Exterior Features
- Construction Type: Stucco
- Roof: Slate
Utilities
- Cooling: Central Air
- Heating Yn: Yes
- Electric: 220 Volts in Kitchen
- Water Source: Public
Lot Info
- Lot Size Sq Ft: 48787.2
- Land Lease Expiration Date: 2026-06-06
- Additional Parcels: No
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $12,091 | $126,110 | $38,760 | $87,350 |
2023 | $12,091 | $126,110 | $38,760 | $87,350 |
2022 | $12,191 | $126,110 | $38,760 | $87,350 |
2021 | $10,552 | $126,110 | $38,760 | $87,350 |
2020 | $10,283 | $106,700 | $36,820 | $69,880 |
2019 | $11,830 | $122,590 | $35,240 | $87,350 |
2018 | $11,861 | $122,590 | $35,240 | $87,350 |
2017 | $11,939 | $122,590 | $35,240 | $87,350 |
2016 | $10,519 | $122,590 | $35,240 | $87,350 |
2015 | $10,519 | $122,590 | $35,240 | $87,350 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/29/2025 05/29/25 | For Sale | $1,700,000 | -- | $243 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $300,000 | Future Advance Clause Open End Mortgage | |
Closed | $240,000 | Commercial |
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL25003139
APN: 00429767
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