Two-Story Restaurant
New
For Sale
$1,800,000
2717 Williams Blvd, Kenner, LA 70062
The Kenner property combines restaurant space with an event venue.
Property Size6,837 SF
Lot Size0.58 Acres
Price / SF$263.27
Days on Market2
Property Features for 2717 Williams Blvd
General Information
Standard status
Active
Size
6,837 SF
Lot size
0.58 Acres
Property subtype
Retail
Building Details
Building Size
6,837 SF
Stories
2
Listing Agency:
Elifin Realty
Listed By:
Brady Becker · License #9006927
(985) 703-1140
Source:
Elifinrealty
Added: Oct 19
Last Checked: Oct 19 at 2:44PM
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 Elifin Realty
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Investment Insights
Based on property information with market context.
At 2717 Williams Blvd in Kenner, this two-story restaurant and event venue contains approximately 6,837 square feet. The property occupies approximately 0.58 acres.
Key Highlights
- Approximately 6,837 square feet across two stories
- Restaurant and event venue
- Approximately 0.58 acres in Kenner
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,780
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,315,600
$2.3M
Cap Rate 7%
$1,654,000
$1.7M
Cap Rate 9%
$1,286,444
$1.3M
Market Conditions
NOI Build-Up for 6,837 SF
Gross rent
$157.5K $23.04/SF
− Vacancy
−$3.2K −$0.46/SF
EGI
$154.4K $22.58/SF
− OpEx
−$38.6K −$5.64/SF
NOI
$115.8K $16.93/SF
Area
Jefferson County, LA
Vacancy
2.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,315,600
Cap Rate 7%
$1,654,000
Cap Rate 9%
$1,286,444
Alternative Uses
Best Use
Specialty Retail
$1.65M
$1.45M – $1.93M
NOI $115,780 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,266 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,165
Businesses Nearby
230k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 25%
Hotels & Casinos 12%
Electronics 4%
Chick-fil-A
Dining
52,735 visits/mo
0.1 miles
McDonald's
Dining
36,016 visits/mo
0.1 miles
SONIC Drive In
Dining
14,971 visits/mo
0.2 miles
Capital One Bank
Shops & Services
13,385 visits/mo
0.4 miles
Burger King
Dining
11,686 visits/mo
0.5 miles
Demographics for 70062, LA
16,627
Population
6,679
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
7.1 sq mi
ZIP Area
2,342
Density / Sq Mi
$55,293
Median Household Income
$33,499
Median Earnings
$1,150
Median Rent
$197,500
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
Similar Off Market Nearby
- Louisiana Purchase Kitchen — 8853 Veterans Memorial Blvd, Metairie, LA 70003
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The Kenner property combines restaurant space with an event venue.
Where is this conventional restaurant located?
The property is located at 2717 Williams Blvd Kenner, LA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 6,837 square feet across two stories; Restaurant and event venue; Approximately 0.58 acres in Kenner
