Turn-Key Restaurant with
1585 South Military Road Slidell, LA 70461
1585 South Military Road, Slidell, LA, 70461
Contact for pricing
For Sale
Contact for pricing
Turn-key, equipped restaurant ready for immediate operation near major retail corridors and neighborhood demand.
Property Size5,000 SF
Price / SF$195
Days on Market43
Property Features for 1585 South Military Road
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Retail
Listing Agency
ABEK Real Estate
(985) 788-4993
Listed by
Larry Haik jr · License #LA 000036766
Source
Crexi
Added: Jun 4 Checked: Jul 16 at 6:54 am
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 ABEK Real Estate
Investment Insights
Based on property information with market context.
This sale includes a turn-key, equipped, and attractively designed restaurant with furnishings and equipment packaged with the asking price. The property is presented as an operating restaurant concept, with interior build-out and decor intended to support day-one readiness for the right operator. The total size is approximately 5,000 square feet.
The restaurant is located at 1585 South Military Road in Slidell, near one of the area’s busiest intersections, Gause Blvd. East and South Military Rd. It sits within close proximity to a mix of retail, multi- and single-family residences, several large grocery stores, a major family athletic club, and a number of national fast-food, gas, and medical uses.
Please note that the business is shown by appointment only, and visitors should not approach any employees, including management. This is a straightforward option for qualified operators seeking a prepared space rather than starting from scratch, supported by an established location footprint near active shopping, dining, and community uses. Contact Larry Haik to schedule a viewing.
The restaurant is located at 1585 South Military Road in Slidell, near one of the area’s busiest intersections, Gause Blvd. East and South Military Rd. It sits within close proximity to a mix of retail, multi- and single-family residences, several large grocery stores, a major family athletic club, and a number of national fast-food, gas, and medical uses.
Please note that the business is shown by appointment only, and visitors should not approach any employees, including management. This is a straightforward option for qualified operators seeking a prepared space rather than starting from scratch, supported by an established location footprint near active shopping, dining, and community uses. Contact Larry Haik to schedule a viewing.
Key Highlights
- Turn‑key, equipped restaurant offered for immediate operation (price includes equipment)
- Shown by appointment only; call Larry Haik to schedule a viewing
- Restaurant is located near the intersection of Gause Blvd East and South Military Rd in Slidell
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 | $124.8k | $24.96 |
| − Vacancy | −$5.6k | −$1.12 |
| EGI | $119.2k | $23.84 |
| − OpEx | −$29.8k | −$5.96 |
| NOI | $89.4k | $17.88 |
5,000 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,388 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$53.90M
$47.16M – $62.88M
NOI $3,773,040 @ 7.0% cap · market cap 386.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turn-key, equipped restaurant ready for immediate operation near major retail corridors and neighborhood demand.
Where is this conventional restaurant located?
The property is located at 1585 South Military Road Slidell, LA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Turn‑key, equipped restaurant offered for immediate operation (price includes equipment); Shown by appointment only; call Larry Haik to schedule a viewing; Restaurant is located near the intersection of Gause Blvd East and South Military Rd in Slidell
