Standalone Nightclub and Event
For Sale
$1,700,000
7533 Highway 71 S, Alexandria, LA 71302
Commercial kitchen, multiple bar stations, VIP sections, and integrated audio-video systems support nightlife and special events.
Property Size6,000 SF
Price / SF$283.33
Days on Market523
Property Features for 7533 Highway 71 S
General Information
Standard status
Active
Size
6,000 SF
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Amenities
commercial kitchen
commercial fridge
1,000-gallon ice maker
custom 40-foot bar with granite countertops
twin matching bar stations
over 20 TVs
sound room hardwired for exceptional audio
14 VIP sections
commercial roll-up door
fenced-in property
spray foam insulation
Listing Agency:
Clear To Close Realty
(318) 521-3859
Listed By:
Kelae Gatlin · License #995718382
(318) 521-3859
Source:
Exprealty
Added: Mar 28, 2025
Changed: Aug 30
Last Checked: Aug 31 at 7:12PM
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 Clear To Close Realty
Investment Insights
Based on property information with market context.
This standalone nightlife property is configured for club operations and special events, with a commercial kitchen, commercial refrigerator, and 1,000-gallon ice maker. The kitchen includes metal stubs for catering-related use. Interior amenities include a custom 40-foot bar with granite countertops, two additional matching bar stations, more than 20 TVs, a dedicated sound room, and 14 VIP sections. Spray-foam insulation extends throughout the building, and a commercial roll-up door supports deliveries and event access.
The property is situated on Highway 71 S in Alexandria, Louisiana, at 7533 Highway 71 S. The site is fenced, and current licenses and permits include a 24-hour bar license. The venue also includes infrastructure for smoking and hookah services, as stated in the property information.
The property is situated on Highway 71 S in Alexandria, Louisiana, at 7533 Highway 71 S. The site is fenced, and current licenses and permits include a 24-hour bar license. The venue also includes infrastructure for smoking and hookah services, as stated in the property information.
Key Highlights
- 8,500 sq. ft. venue with 2,500 additional square feet
- Custom 40‑foot granite bar plus two matching bar stations
- Commercial kitchen, commercial refrigerator, and 1,000‑gallon ice maker
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
$73,229
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
4.31%
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%
$1,464,580
$1.5M
Cap Rate 7%
$1,046,129
$1.0M
Cap Rate 9%
$813,656
$813.7K
Market Conditions
NOI Build-Up for 6,000 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
$102.2K $17.04/SF
− Vacancy
−$4.6K −$0.77/SF
EGI
$97.6K $16.27/SF
− OpEx
−$24.4K −$4.07/SF
NOI
$73.2K $12.20/SF
Area
Rapides County, LA
Vacancy
4.50%
Lease Rate
$17.04 /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%
$1,464,580
Cap Rate 7%
$1,046,129
Cap Rate 9%
$813,656
Alternative Uses
Best Use
Specialty Retail
$1.05M
$915.4K – $1.22M
NOI $73,229 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,776 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71302, LA
13,415
Population
6,213
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
83%
High-School Grad
57.8 sq mi
ZIP Area
232
Density / Sq Mi
$36,210
Median Household Income
$23,609
Median Earnings
$868
Median Rent
$103,300
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.
Similar Off Market Nearby
- Super Daqx — 7533 U. S. Hwy 71, Alexandria, LA 71302
Frequently Asked Questions
What type of property is this?
Night club - Commercial kitchen, multiple bar stations, VIP sections, and integrated audio-video systems support nightlife and special events.
Where is this night club located?
The property is located at 7533 Highway 71 S Alexandria, LA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 8,500 sq. ft. venue with 2,500 additional square feet; Custom 40‑foot granite bar plus two matching bar stations; Commercial kitchen, commercial refrigerator, and 1,000‑gallon ice maker
