Freestanding Drive-Through
New
For Sale
$275,000
8401 Linwood Ave, Shreveport, LA 71106
Existing food-service infrastructure includes a commercial kitchen, walk-in refrigerator, grease traps, and on-site parking.
Property Size1,000 SF
Price / SF$275
Days on Market3
Property Features for 8401 Linwood Ave
General Information
Standard status
Active
Size
1,000 SF
Additional Details
Drive-Thru
Yes
Grease Trap
Yes
Building Details
Year Built
1977
Listing Agency:
Keller Williams Northwest
(318) 213-1555
Listed By:
Destiny Allen · License #0995717867
Source:
Heritance
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 7:18PM
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 Keller Williams Northwest
Investment Insights
Based on property information with market context.
This freestanding restaurant property includes a drive-through, on-site parking, and an existing commercial kitchen. Improvements also include a walk-in commercial-grade refrigerator and grease traps, providing established food-service components within the building.
The property is located at 8401 Linwood Ave in Shreveport, Louisiana. Built in 1977, it offers a restaurant configuration with infrastructure already in place for continued food-service use.
The property is located at 8401 Linwood Ave in Shreveport, Louisiana. Built in 1977, it offers a restaurant configuration with infrastructure already in place for continued food-service use.
Key Highlights
- Freestanding restaurant building with drive‑through
- Commercial kitchen already in place
- Walk‑in commercial‑grade refrigerator included
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
$11,115
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
4.04%
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%
$222,300
$222.3K
Cap Rate 7%
$158,786
$158.8K
Cap Rate 9%
$123,500
$123.5K
Market Conditions
NOI Build-Up for 1,000 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
$15.6K $15.60/SF
− Vacancy
−$780 −$0.78/SF
EGI
$14.8K $14.82/SF
− OpEx
−$3.7K −$3.70/SF
NOI
$11.1K $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%
$222,300
Cap Rate 7%
$158,786
Cap Rate 9%
$123,500
Alternative Uses
Best Use
Specialty Retail
$158.8K
$138.9K – $185.3K
NOI $11,115 @ 7.0% cap · market cap 4.04%
Second Best
Industrial
$89.5K
$78.3K – $104.4K
NOI $6,263 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$211.1K
$184.7K – $246.2K
NOI $14,774 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Existing food-service infrastructure includes a commercial kitchen, walk-in refrigerator, grease traps, and on-site parking.
Where is this drive through restaurant located?
The property is located at 8401 Linwood Ave Shreveport, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Freestanding restaurant building with drive‑through; Commercial kitchen already in place; Walk‑in commercial‑grade refrigerator included
