Container Restaurant with Outdoor
For Sale
$299,000
1101 US HWY 90, Westwego, LA 70094
Commercial, Westwego, LA
Property Size1,200 SF
Price / SF$249.17
Days on Market357
Property Features for 1101 US HWY 90
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Parking features
Off Street
Lot features
Corner
Standard status
Active
APN
1
Size
1,200 SF
Utilities
Water source
Public
Amenities
shade structure
Building Details
Year built
2021
Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Jared Zeller · License #0995691614
(504) 460-5957
Added: Sep 19, 2025
Changed: Sep 6
Last Checked: Sep 10 at 6:06AM
MLS# 2522621
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2021, this restaurant is configured from two 40-foot containers arranged around an outdoor dining area with a shade structure. The property also includes indoor seating, ADA ramps and restrooms, a 6-foot hood with fire suppression, two grease traps, and a storage area served by a mini-split system. HVAC capacity includes 7 tons for the blue container and 2 tons for the yellow container.
The site is at 1101 US HWY 90 in Westwego, Louisiana, with reported daily traffic of 40,000 plus cars. Parking is provided through a True Grid pervious paved lot with 7 spaces, including one handicapped space. Public water serves the property, which is zoned Comm. The restaurant is licensed and permitted, with curb cuts and setbacks engineered for Department of Transportation and city requirements.
The site is at 1101 US HWY 90 in Westwego, Louisiana, with reported daily traffic of 40,000 plus cars. Parking is provided through a True Grid pervious paved lot with 7 spaces, including one handicapped space. Public water serves the property, which is zoned Comm. The restaurant is licensed and permitted, with curb cuts and setbacks engineered for Department of Transportation and city requirements.
Key Highlights
- Two 40‑foot containers configured for restaurant operations
- Licensed and permitted restaurant with ADA ramps and restrooms
- Outdoor dining area with shade structure plus indoor seating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,321
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$406,420
$406.4K
Cap Rate 7%
$290,300
$290.3K
Cap Rate 9%
$225,789
$225.8K
Market Conditions
NOI Build-Up for 1,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.6K $23.04/SF
− Vacancy
−$553 −$0.46/SF
EGI
$27.1K $22.58/SF
− OpEx
−$6.8K −$5.64/SF
NOI
$20.3K $16.93/SF
Area
Jefferson County, LA
Vacancy
2.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$406,420
Cap Rate 7%
$290,300
Cap Rate 9%
$225,789
Alternative Uses
Best Use
Specialty Retail
$290.3K
$254.0K – $338.7K
NOI $20,321 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.6K
$277.0K – $369.4K
NOI $22,162 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
40,000 VPD
Traffic count
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 44%
Hotels & Casinos 2%
RaceTrac
Shops & Services
31,535 visits/mo
0.4 miles
McDonald's
Dining
13,419 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
8,697 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,826 visits/mo
0.2 miles
Wendy's
Dining
6,784 visits/mo
0.2 miles
Demographics for 70094, LA
30,638
Population
13,683
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
79%
High-School Grad
36.2 sq mi
ZIP Area
846
Density / Sq Mi
$52,657
Median Household Income
$36,079
Median Earnings
$1,172
Median Rent
$154,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Licensed and permitted restaurant with indoor dining, outdoor seating, ADA access, and dedicated parking.
Where is this conventional restaurant located?
The property is located at 1101 US HWY 90 Westwego, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two 40‑foot containers configured for restaurant operations; Licensed and permitted restaurant with ADA ramps and restrooms; Outdoor dining area with shade structure plus indoor seating
