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Drive-Through Restaurant
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 Market87

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
Source: Athomerealtyla
Added: Jul 13 Changed: Oct 6 Last Checked: Oct 7 at 5:25PM

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 (±1% cap)
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 (±1% cap)
NOI $37,983 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Fat Albert's Fried ... Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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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
More about this property
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