Remodeled Drive-Through
For Sale
$495,000
5000 Shreveport Hwy, Pineville, LA 71360
Corner-site restaurant with upgraded building systems, dedicated drive-through service, and commercial kitchen equipment included.
Property Size2,776 SF
Price / SF$178.31
Days on Market57
Property Features for 5000 Shreveport Hwy
General Information
Standard status
Active
Size
2,776 SF
Total Parking Spaces
20
Property subtype
Hospitality
Additional Details
Furnished
Yes
Drive-Thru
Yes
Equipment Included
Yes
Amenities
Power
Water
Sewer
Natural Gas
20 Parking Spaces
Building Details
Buildings
1
Listing Agency:
Call the Kelones Realty
Listed By:
Manli Teng · License #995716767
(318) 730-8071
Source:
Lacdb.resimplifi
Added: Aug 21
Changed: Oct 7
Last Checked: Oct 16 at 5:43AM
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 Call the Kelones Realty
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Investment Insights
Based on property information with market context.
This 2,776-square-foot drive-through restaurant has been remodeled with an updated dining area, two new bathrooms, new plumbing, insulation improvements, and a new 5-ton AC unit. The layout includes a drive-through window, while the existing equipment package includes a walk-in cooler, walk-in freezer, commercial fryers, grill, prep table, hot bar, and furniture.
The property occupies a corner lot at a signalized intersection on Shreveport Hwy in Pineville. Tioga High School and the VA Hospital are nearby, providing established institutional and educational uses in the surrounding area. Equipment is to remain with acceptable offers.
The property occupies a corner lot at a signalized intersection on Shreveport Hwy in Pineville. Tioga High School and the VA Hospital are nearby, providing established institutional and educational uses in the surrounding area. Equipment is to remain with acceptable offers.
Key Highlights
- 2,776‑square‑foot drive‑through restaurant building
- Remodeled dining area with two new bathrooms
- New plumbing, insulation, and 5‑ton AC unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,881
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,620
$677.6K
Cap Rate 7%
$484,014
$484.0K
Cap Rate 9%
$376,456
$376.5K
Market Conditions
NOI Build-Up for 2,776 SF
Gross rent
$47.3K $17.04/SF
− Vacancy
−$2.1K −$0.77/SF
EGI
$45.2K $16.27/SF
− OpEx
−$11.3K −$4.07/SF
NOI
$33.9K $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 Rate 5%
$677,620
Cap Rate 7%
$484,014
Cap Rate 9%
$376,456
Alternative Uses
Best Use
Specialty Retail
$484.0K
$423.5K – $564.7K
NOI $33,881 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$765.2K
$669.6K – $892.8K
NOI $53,566 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
Hibachi Express
Dining
2,338 visits/mo
0.2 miles
Dollar General
Shops & Services
1,954 visits/mo
0.4 miles
Demographics for 71360, LA
36,026
Population
15,970
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
90%
High-School Grad
193.1 sq mi
ZIP Area
187
Density / Sq Mi
$59,592
Median Household Income
$41,561
Median Earnings
$924
Median Rent
$196,300
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
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Corner-site restaurant with upgraded building systems, dedicated drive-through service, and commercial kitchen equipment included.
Where is this drive through restaurant located?
The property is located at 5000 Shreveport Hwy Pineville, LA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,776‑square‑foot drive‑through restaurant building; Remodeled dining area with two new bathrooms; New plumbing, insulation, and 5‑ton AC unit
