Drive-Through Restaurant and Car
For Sale
$699,000
8337 Airline Hwy, Livonia, LA 70755
Restaurant building with a two-window drive-through and attached kitchen equipment, plus a car wash component.
Property Size1,818 SF
Price / SF$384.49
Days on Market340
Property Features for 8337 Airline Hwy
General Information
Standard status
Active
Size
1,818 SF
Taxes and HOA fees
Annual Taxes
$1,300
Amenities
drive through with 2 windows
dining area
bathroom
kitchen
2 large walk in freezers
kitchen equipment
office
ice machine
Listing Agency:
Hollier Real Estate
(225) 627-0081
Listed By:
Gary Hollier · License #0000033818
(225) 933-5195
Source:
Exprealty
Added: Oct 2, 2025
Changed: Sep 4
Last Checked: Sep 5 at 12:59PM
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 Hollier Real Estate
Investment Insights
Based on property information with market context.
This property includes a retail building that was formerly used as a restaurant and a car wash. The restaurant portion features a drive-through with two service windows, a dining area, a bathroom, and a kitchen equipped with two large walk-in freezers. Also included are kitchen equipment, an office, and an ice machine.
The asset is located at 8337 Airline Hwy in Livonia, LA, and is being offered as a for-sale business opportunity.
The restaurant layout provides both front-of-house dining space and a back-of-house kitchen with walk-in refrigeration, supported by office space and included foodservice equipment.
The asset is located at 8337 Airline Hwy in Livonia, LA, and is being offered as a for-sale business opportunity.
The restaurant layout provides both front-of-house dining space and a back-of-house kitchen with walk-in refrigeration, supported by office space and included foodservice equipment.
Key Highlights
- Retail building formerly used as a restaurant and a car wash on Airline Highway in Livonia
- Restaurant includes a two‑window drive‑through
- Dining area, bathroom, office, and kitchen included in the restaurant layout
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
$30,478
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
4.36%
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%
$609,560
$609.6K
Cap Rate 7%
$435,400
$435.4K
Cap Rate 9%
$338,644
$338.6K
Market Conditions
NOI Build-Up for 1,818 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
$40.8K $22.44/SF
− Vacancy
−$159 −$0.09/SF
EGI
$40.6K $22.35/SF
− OpEx
−$10.2K −$5.59/SF
NOI
$30.5K $16.76/SF
Area
Pointe Coupee County, LA
Vacancy
0.39%
Lease Rate
$22.44 /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%
$609,560
Cap Rate 7%
$435,400
Cap Rate 9%
$338,644
Alternative Uses
Best Use
Specialty Retail
$435.4K
$381.0K – $508.0K
NOI $30,478 @ 7.0% cap · market cap 4.36%
Second Best
Retail
$406.4K
$355.6K – $474.1K
NOI $28,446 @ 7.0% cap · market cap 4.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
812
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Travelodge by Wyndham Livonia
Hotels & Casinos
812 visits/mo
0.1 miles
Demographics for 70755, LA
1,715
Population
675
Households
2.5
Avg Household Size
44
Median Age
16%
College-Educated
81%
High-School Grad
22.0 sq mi
ZIP Area
78
Density / Sq Mi
$60,924
Median Household Income
$47,147
Median Earnings
$641
Median Rent
$197,000
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?
Drive through restaurant - Restaurant building with a two-window drive-through and attached kitchen equipment, plus a car wash component.
Where is this drive through restaurant located?
The property is located at 8337 Airline Hwy Livonia, LA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Retail building formerly used as a restaurant and a car wash on Airline Highway in Livonia; Restaurant includes a two‑window drive‑through; Dining area, bathroom, office, and kitchen included in the restaurant layout
