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Turnkey Restaurant with Oyster Bar
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70367 HWY 21, Covington, LA 70433

Second-generation restaurant space with built-in oyster bar and fully equipped kitchen systems for high-volume service.

Property Size6,510 SF
Days on Market11

Property Features for 70367 HWY 21

General Information

Standard status Active
Size 6,510 SF
Net Rentable 6,510 SF
Property subtype Retail

Space & Availability

Available Space 6,510 SF
Contiguous Space 6,510 SF
Space Use Restaurant
Furnished Yes

Restaurant

Commercial Hood Yes
Equipment Included Yes

Building Details

Building Size 9,975 SF
Year Built 2016
Listing Agency: Stirling
Listed By: Daniel Cook · License #995713150
Source: Crexi
Added: Jul 21 Changed: Jul 30 Last Checked: Jul 30 at 7:01AM

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 Stirling

Investment Insights

Based on property information with market context.

Turnkey second-generation restaurant space built in 2016 with approximately 6,510 SF of premier front-of-house and back-of-house area designed for high-volume food and beverage operations. The dining area is fully furnished, including tables, chairs, dinnerware, glassware, and service equipment, and the bar includes a built-in oyster bar and grill station. The commercial kitchen is equipped for streamlined workflows, featuring a 20-foot commercial exhaust hood system, an eight-burner range, flat-top griddle, six-basket fryer system, multiple food preparation stations, dual dishwashing areas, a commercial ice machine, two large walk-in coolers, and ample dry storage. Dedicated office space includes an existing security and alarm system.

Located along Highway 21 in Covington, Louisiana, the space is positioned for visibility and accessibility in a strong retail trade corridor. The property is directly across from Ochsner Medical Center and MD Anderson Cancer Center, creating a consistent customer base throughout the day from healthcare professionals, patients, and visitors.

Key Highlights

  • Approximately 6,510 SF turnkey second‑generation restaurant space
  • Built‑in oyster bar and grill station for interactive service
  • 20‑foot commercial exhaust hood system for ventilation

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store HVAC Service Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby
234k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 29% Groceries 19% Home Improvements & Furnishings 3%
Winn-Dixie Groceries
43,591 visits/mo 0.2 miles
McDonald's Dining
20,985 visits/mo 0.3 miles
Starbucks Dining
19,363 visits/mo 0.3 miles
Shell Shops & Services
16,180 visits/mo 0.3 miles
Panera Bread Dining
16,128 visits/mo 0.2 miles

Demographics for 70433, LA

41,423
Population
18,712
Households
2.2
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
48.7 sq mi
ZIP Area
851
Density / Sq Mi
$79,354
Median Household Income
$47,406
Median Earnings
$1,373
Median Rent
$316,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant space with built-in oyster bar and fully equipped kitchen systems for high-volume service.
Where is this conventional restaurant located?
The property is located at 70367 HWY 21 Covington, LA.
What are key features of this property?
This property features: Approximately 6,510 SF turnkey second‑generation restaurant space; Built‑in oyster bar and grill station for interactive service; 20‑foot commercial exhaust hood system for ventilation
(541) 322-8880 Call to check price and availability
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