Restaurant with Wraparound
For Sale
$1,795,000
6955 Fern Loop, Shreveport, LA 71105
Operational restaurant with dining, bar, kitchen, and included FF&E.
Property Size5,250 SF
Price / SF$341.90
Days on Market152
Property Features for 6955 Fern Loop
General Information
Standard status
Active
Size
5,250 SF
Total Parking Spaces
40
Property subtype
Retail
Zoning
C-2
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Amenities
40 Parking Spaces
Building Details
Year Built
2015
Listing Agency:
Lea Hall Properties
(318) 221-1234
Listed By:
Jamie Moreland
(318) 221-1234
Source:
Lacdb.resimplifi
Added: Apr 1
Changed: Aug 30
Last Checked: Aug 30 at 4:55AM
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 Lea Hall Properties
Investment Insights
Based on property information with market context.
Built in 2015, this approximately 5,250-square-foot restaurant includes 3,950 square feet of air-conditioned interior space and a 1,300-square-foot unair-conditioned wraparound patio. The layout features a primary dining area, separate bar space, and a substantial kitchen. Furniture, fixtures, and equipment convey with the property, excluding the piano. The restaurant remains fully operational, and the business may be acquired separately in addition to the real estate.
The property is located at 6955 Fern Loop, behind the Whole Foods Shopping Center and just off 70th St. in Shreveport. C-2 zoning supports its commercial restaurant classification.
The property is located at 6955 Fern Loop, behind the Whole Foods Shopping Center and just off 70th St. in Shreveport. C-2 zoning supports its commercial restaurant classification.
Key Highlights
- Approximately 5,250 SF total, including 3,950 SF air‑conditioned space
- 1,300 SF unair‑conditioned wraparound patio
- Main dining area, private bar area, and large kitchen
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
$58,354
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
3.25%
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%
$1,167,080
$1.2M
Cap Rate 7%
$833,629
$833.6K
Cap Rate 9%
$648,378
$648.4K
Market Conditions
NOI Build-Up for 5,250 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
$81.9K $15.60/SF
− Vacancy
−$4.1K −$0.78/SF
EGI
$77.8K $14.82/SF
− OpEx
−$19.5K −$3.70/SF
NOI
$58.4K $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%
$1,167,080
Cap Rate 7%
$833,629
Cap Rate 9%
$648,378
Alternative Uses
Best Use
Specialty Retail
$833.6K
$729.4K – $972.6K
NOI $58,354 @ 7.0% cap · market cap 3.25%
Second Best
Retail
$743.4K
$650.5K – $867.3K
NOI $52,038 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.11M
$969.6K – $1.29M
NOI $77,566 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71105, LA
21,308
Population
11,139
Households
1.9
Avg Household Size
38
Median Age
45%
College-Educated
95%
High-School Grad
9.5 sq mi
ZIP Area
2,243
Density / Sq Mi
$66,758
Median Household Income
$48,396
Median Earnings
$1,247
Median Rent
$216,000
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.
Similar Off Market Nearby
- Johnny pizza — Youree Dr, Shreveport, LA 71105
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operational restaurant with dining, bar, kitchen, and included FF&E.
Where is this conventional restaurant located?
The property is located at 6955 Fern Loop Shreveport, LA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Approximately 5,250 SF total, including 3,950 SF air‑conditioned space; 1,300 SF unair‑conditioned wraparound patio; Main dining area, private bar area, and large kitchen
