For Auction
$1 Auction – Former 5,688 SF Restaurant | 75K VPD | 2007 Built
West Monroe, LA 71291Represented by
Marcus & Millichap
Asset Snapshot
Offering Summary
Investment Highlights
- 5,688 SF Freestanding Restaurant on 1.34 Acres: Offers a flexible layout for restaurant reuse, retail, entertainment, or service.
- High-Exposure Position Just Off Interstate 20: More than 74,800 vehicles pass daily nearby in West Monroe's primary retail and hotel district.
- 200 Feet of Frontage with ±50 Parking Spaces: Blanchard Street access and ample paved area support strong visibility and convenient circulation.
- Cinemark Outparcel Amid National Retailers: Flagged hotels, restaurants, and big-box anchors surround the site and drive consistent traffic.
- Dense Three-Mile Consumer and Workforce Base: Approximately 38,384 residents and 32,522 daytime employees support local commercial demand.
- Absolute $1 Auction – NO RESERVE!
Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 226 Blanchard Street in West Monroe, Louisiana is a vacant ±5,688 SF freestanding restaurant on ±1.34 acres offered significantly below replacement cost with FIRST BID MEETS RESERVE. Built in 2007, the Property features approximately 200 feet of frontage along Blanchard Street, ±50 surface parking spaces, a recently replaced 2021 roof, and existing restaurant infrastructure suited for reuse or repositioning. The site sits just off Interstate 20 in the Thomas Road commercial district, positioned as an outparcel to Cinemark and surrounded by hotels, national retailers, restaurants, medical facilities, and other demand generators. Traffic on nearby I-20 exceeds 74,800 VPD, while the three-mile trade area includes approximately 38,384 residents and 32,522 daytime employees. Estimated retail market rent is $14–$18 PSF, providing additional lease-up potential for an investor or owner-user seeking to establish an attractive basis in one of West Monroe’s most active commercial corridors.Due Diligence
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
