Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for Logan's Roadhouse located at 201 Constitution Drive, West Monroe, Louisiana. The building is 7,839 square feet and is situated on approximately 1.14 acres of land. The property is an outparcel to a Academy Sports-anchored shopping center including Planet Fitness, Harbor Freight and more. Located in a large retail hub with national retailers that include, Walmart, Aaron's, Hobby Lobby, Office Depot and more. Logan's Roadhouse has approximately five years remaining on lease with five five-year renewal options. Current annual rent is $160,000 and the renewals have rent increases based on CPI. Logan's Roadhouse has the right to early termination if there are any material changes to parking or easements. Logan's Roadhouse was acquired in 2020 by SPB Hospitality. Headquartered in Houston, Texas, SPB Hospitality is a leading operator and franchisor of steakhouses, brewery and craft-beer focused casual dining restaurants in the U.S., with hundreds of locations in 39 states and the District of Columbia.