$1,700,000

629 W Prien Lake Rd Lake Charles, LA 70601

Estimated payment $10,065/month

-- Bed
-- Bath
7,000 Sq Ft
$243 Price per Sq Ft

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

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $1,700,000 -- $243 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 Future Advance Clause Open End Mortgage
Closed $240,000 Commercial
Source: Public Records

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25003139

APN: 00429767