1585 South Military Road

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1585 South Military Road

Slidell, LA 70461
Asking Price
$975K
Asset Type
Restaurant Retail
Class
Class B

What's Special

Fully equipped, absolutely beautiful restaurant in an outstanding location <p><span style="color: rgba(55, 65, 81, 1)">SHOWN BY APPOINTMENT ONLY-OPEN BUSINESS-DO NOT APPROACH ANY EMPLOYEES, INCLUDING MANAGEMENT</span></p><p><span style="color: rgba(55, 65, 81, 1)">(Price includes Equipment) TURN KEY, Equipped, Beautifully designed and decorated restaurant. Located near one of Slidell's Hottest intersections of Gause Blvd. East and South Military Rd. withing a rocks throw of several retail, multi & single family residences, large grocery stores, one of the areas largest

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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784

Location & Travel Times