Freestanding Restaurant with Large
For Sale
$2,650,000
436 Ashley Ridge Blvd, Shreveport, LA 71106
Configured for private dining, larger gatherings, full-service food preparation, and covered patio seating.
Property Size7,605 SF
Price / SF$348.45
Days on Market325
Property Features for 436 Ashley Ridge Blvd
General Information
Standard status
Active
Size
7,605 SF
Property subtype
Retail
Zoning
C-3
Listing Agency:
Coldwell Banker Commercial Apex REALTORS
(318) 286-7319
Listed By:
Denny Reedy
(318) 286-7319
Source:
Lacdb.resimplifi
Added: Oct 10, 2025
Changed: Aug 30
Last Checked: Aug 30 at 3:38AM
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 Coldwell Banker Commercial Apex REALTORS
Investment Insights
Based on property information with market context.
This 7,605-square-foot restaurant includes five separate dining rooms, a lounge and bar area, covered patios, and a dedicated guest entrance. Three dining rooms seat 50 people each and can be combined for seating of 150. The main dining room, lounge, and bar accommodate 60, while the patios provide seating for 40 and 100, respectively. The building also includes five large TVs in the main area and four large-screen TVs on the larger patio.
The 3,000-square-foot kitchen is equipped with new stainless-steel appliances, a walk-in cooler, a walk-in freezer, a double-sized hood vent, and a pizza oven capable of cooking up to 12 pizzas at one time. An additional 250 square feet of climate-controlled storage supports kitchen operations. Property improvements include upgraded plumbing, new electrical, LED lighting, double-tinted panel windows, five new 15-ton overlapping A/C units, and a monitored camera and security system. The property is zoned C-3.
The 3,000-square-foot kitchen is equipped with new stainless-steel appliances, a walk-in cooler, a walk-in freezer, a double-sized hood vent, and a pizza oven capable of cooking up to 12 pizzas at one time. An additional 250 square feet of climate-controlled storage supports kitchen operations. Property improvements include upgraded plumbing, new electrical, LED lighting, double-tinted panel windows, five new 15-ton overlapping A/C units, and a monitored camera and security system. The property is zoned C-3.
Key Highlights
- 7,605‑square‑foot restaurant property with five separate dining rooms
- Three dining rooms seat 50 people each and can combine for 150‑person seating
- Covered patios provide seating for 40 and 100
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
$84,530
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
3.19%
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%
$1,690,600
$1.7M
Cap Rate 7%
$1,207,571
$1.2M
Cap Rate 9%
$939,222
$939.2K
Market Conditions
NOI Build-Up for 7,605 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
$118.6K $15.60/SF
− Vacancy
−$5.9K −$0.78/SF
EGI
$112.7K $14.82/SF
− OpEx
−$28.2K −$3.70/SF
NOI
$84.5K $11.11/SF
Area
Shreveport, LA
Vacancy
5.00%
Lease Rate
$15.60 /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%
$1,690,600
Cap Rate 7%
$1,207,571
Cap Rate 9%
$939,222
Alternative Uses
Best Use
Specialty Retail
$1.21M
$1.06M – $1.41M
NOI $84,530 @ 7.0% cap · market cap 3.19%
Second Best
Industrial
$680.4K
$595.4K – $793.8K
NOI $47,630 @ 7.0% cap · market cap 1.80%
Theoretical Best
Office A
$1.61M
$1.40M – $1.87M
NOI $112,359 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71106, LA
34,906
Population
15,415
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
33.2 sq mi
ZIP Area
1,051
Density / Sq Mi
$77,724
Median Household Income
$48,949
Median Earnings
$890
Median Rent
$310,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Configured for private dining, larger gatherings, full-service food preparation, and covered patio seating.
Where is this conventional restaurant located?
The property is located at 436 Ashley Ridge Blvd Shreveport, LA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 7,605‑square‑foot restaurant property with five separate dining rooms; Three dining rooms seat 50 people each and can combine for 150‑person seating; Covered patios provide seating for 40 and 100
