3205 Gerstner Memorial Dr Lake Charles, LA 70601

This exceptional investment opportunity presents a 7,313 sq ft Chili's restaurant in Lake Charles, LA, situated on a 1.1-acre lot at 3205 Gerstner Memorial Dr, 70601. Boasting a strong, creditworthy corporate tenant with a 20-year lease (expiring 09/15/2026, with 2 years remaining and option periods), this property offers a secure, passive income stream. The absolute NNN ground lease ensures 100% responsibility for property taxes, insurance, and maintenance rests with the tenant. The property benefits from a high-traffic location with direct access to I-210 (approx. 48,800 vehicles per day), proximity to McNeese State University and Chennault International Airport, and is part of a thriving retail corridor including national brands like Walmart, Home Depot, and others. The strong demographics (86,834 people within a 5-mile radius) and the nearby Golden Nugget Hotel & Casino further enhance the property's value and potential for consistent revenue generation. The current NOI is $91,000, representing a 6.40% cap rate on the asking price of $1,421,874. This is a rare opportunity to acquire a well-established, high-performing restaurant property with significant long-term growth potential.