SONIC Drive-Through
For Sale
Contact for pricing
1968 Gause Blvd, Slidell, LA 70461
The property is occupied under a long-term NNN lease with multiple renewal options and scheduled percentage increases.
Property SizeContact for details
Days on Market143
Property Features for 1968 Gause Blvd
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
21,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
CBRE - Tampa
Listed By:
James Garner, CCIM · License #FL SL3273659
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:23PM
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 CBRE - Tampa
Investment Insights
Based on property information with market context.
This SONIC Drive-In restaurant at 1968 Gause Blvd in Slidell, Louisiana, has operated at the site since 2016. The property is subject to a NNN lease with 20 years remaining, four additional five-year options, and rent increases of five percent after the first five years, seven and a half percent after the second five years, and ten percent during each subsequent five-year period. The lease is guaranteed by four units and managed by Pac III Management, LLC.
The restaurant fronts Route 190, which carries 21,000 vehicles per day, and sits one-half mile from Interstate 10. Surrounding uses include quick-service restaurants, medical centers, schools, Walmart Supercenter, and Lowe’s. Slidell is less than one hour north of New Orleans and forms part of the New Orleans-Metairie-Kenner MSA.
The restaurant fronts Route 190, which carries 21,000 vehicles per day, and sits one-half mile from Interstate 10. Surrounding uses include quick-service restaurants, medical centers, schools, Walmart Supercenter, and Lowe’s. Slidell is less than one hour north of New Orleans and forms part of the New Orleans-Metairie-Kenner MSA.
Key Highlights
- SONIC Drive‑In has operated at the location since 2016
- 20 years remaining on NNN lease with four, five‑year option periods
- Lease increases: 5% after first five years, 7.5% after second five years, then 10% every five years
Property Analytics
Property Profile
Current Use
Lease Details
21,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,006
Businesses Nearby
253k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 36%
Home Improvements & Furnishings 12%
Electronics 3%
RaceTrac
Shops & Services
45,698 visits/mo
0.3 miles
Texas Roadhouse
Dining
37,582 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
30,380 visits/mo
0.3 miles
Starbucks
Dining
22,674 visits/mo
0.4 miles
Dollar Tree
Shops & Services
19,475 visits/mo
0.5 miles
Demographics for 70461, LA
30,740
Population
12,900
Households
2.4
Avg Household Size
39
Median Age
31%
College-Educated
89%
High-School Grad
53.5 sq mi
ZIP Area
575
Density / Sq Mi
$88,035
Median Household Income
$48,351
Median Earnings
$1,201
Median Rent
$267,100
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.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - The property is occupied under a long-term NNN lease with multiple renewal options and scheduled percentage increases.
Where is this drive through restaurant located?
The property is located at 1968 Gause Blvd Slidell, LA.
What are key features of this property?
This property features: SONIC Drive‑In has operated at the location since 2016; 20 years remaining on NNN lease with four, five‑year option periods; Lease increases: 5% after first five years, 7.5% after second five years, then 10% every five years
