Drive-Through Restaurant
1151 Grand Caillou Rd Houma, LA 70363
1151 Grand Caillou Rd, Houma, LA, 70363
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For Sale
Contact for pricing
Restaurant site with on-site parking and a drive-thru with access to a side street.
Property Size2,340 SF
Price / SF$277.78
Days on Market509
Property Features for 1151 Grand Caillou Rd
General Information
- Standard status
- Active
- Size
- 2,340 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing agency
Carlton & Associates Real Estate
Listed by
Shane Guin · License #LA - BROK.995697726-ASA
Source
Crexi
Added: Feb 28, 2025 Updated: Jul 21 at 5:42AM Checked: Jul 21 at 5:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carlton & Associates Real Estate
Investment Insights
Based on property information with market context.
This former Popeye’s Fried Chicken location offers a drive-thru and on-site parking, with vehicle access out to a side street. The property is a dedicated restaurant site built for convenient customer flow and straightforward operations.
The site is located just off the intersection of Grand Caillou Road and Prospect Boulevard, along a busy food corridor. Grand Caillou Road is described as carrying substantial daily traffic, supporting consistent visibility to passersby.
Offered for sale as a single restaurant property, the building’s core improvements include the drive-thru configuration and parking to serve on-site guests and vehicles entering from the drive-thru.
The site is located just off the intersection of Grand Caillou Road and Prospect Boulevard, along a busy food corridor. Grand Caillou Road is described as carrying substantial daily traffic, supporting consistent visibility to passersby.
Offered for sale as a single restaurant property, the building’s core improvements include the drive-thru configuration and parking to serve on-site guests and vehicles entering from the drive-thru.
Key Highlights
- Restaurant site built in 2008
- Former Popeye's Fried Chicken location
- On‑site parking available
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.5k | $21.60 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $48.3k | $20.63 |
| − OpEx | −$12.1k | −$5.16 |
| NOI | $36.2k | $15.47 |
2,340 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$517.2K
$452.5K – $603.4K
NOI $36,202 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$645.0K
$564.4K – $752.6K
NOI $45,153 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Restaurant site with on-site parking and a drive-thru with access to a side street.
Where is this drive through restaurant located?
The property is located at 1151 Grand Caillou Rd Houma, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Restaurant site built in 2008; Former Popeye's Fried Chicken location; On‑site parking available
