Drive-Through
For Sale
$435,000
1322 Moss St, Lafayette, LA 70501
Operational restaurant property with an existing drive-through and furniture, fixtures, and equipment included.
Property Size2,295 SF
Price / SF$189.54
Days on Market95
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Property Features for 1322 Moss St
General Information
Standard status
Active
Size
2,295 SF
Additional Details
Furnished
Yes
Drive-Thru
Yes
Equipment Included
Yes
Listing Agency:
RE/MAX Acadiana
Listed By:
Yanli Foshee · License #0995695988
(337) 984-8470
Source:
Athomerealtyla
Added: Jul 13
Changed: Oct 6
Last Checked: Oct 15 at 12:17AM
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 RE/MAX Acadiana
Investment Insights
Based on property information with market context.
Located at 1322 Moss St in Lafayette, Louisiana, this operational restaurant property includes an existing drive-through. Furniture, fixtures, and equipment are included with the sale, providing a defined restaurant setup for continued operation or adaptation to a new concept. The property is situated in Upper Lafayette and is classified as a drive-through restaurant asset. Its format combines conventional restaurant use with drive-through service in an existing commercial property.
Key Highlights
- Operational restaurant property in Upper Lafayette
- Existing drive‑through service
- Furniture, fixtures, and equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,821
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,420
$596.4K
Cap Rate 7%
$426,014
$426.0K
Cap Rate 9%
$331,344
$331.3K
Market Conditions
NOI Build-Up for 2,295 SF
Gross rent
$43.2K $18.84/SF
− Vacancy
−$3.5K −$1.51/SF
EGI
$39.8K $17.33/SF
− OpEx
−$9.9K −$4.33/SF
NOI
$29.8K $12.99/SF
Area
Lafayette, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,420
Cap Rate 7%
$426,014
Cap Rate 9%
$331,344
Alternative Uses
Best Use
Specialty Retail
$426.0K
$372.8K – $497.0K
NOI $29,821 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$542.6K
$474.8K – $633.1K
NOI $37,983 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Explore this area
Business Placement
Demographics for 70501, LA
28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Operational restaurant property with an existing drive-through and furniture, fixtures, and equipment included.
Where is this drive through restaurant located?
The property is located at 1322 Moss St Lafayette, LA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Operational restaurant property in Upper Lafayette; Existing drive‑through service; Furniture, fixtures, and equipment included
