- For Sale $1,620,000
- Property Type Retail - Street Retail
- Property Size 8,320 SF
- Units 1
- Lot Size 1.12 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 42
- Property Tenancy Single Tenant
- Year Built 2015
- Date Updated Jul 29, 2024
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Attachments
Highlights
- Rare ABSOLUTE NNN lease with almost 7 years remaining in the initial term with 6 five-year renewal options
- Competitively priced at a 7.2% cap rate with a blended average cap rate of 7.7% after the upcoming April 2026 rent increase
- Attractive upgraded stucco façade on a large, 1+ acre corner parcel
- Busy location just off I-20 with combined traffic counts of over 65K VPD
- Major hotels and retailers in the immediate area with other area employers including Barksdale AFB, Ochsner/ LSU Health System, major universities and large gaming venues
- Shreveport is the 3rd largest city in LA with a 5-mile population of over 91,000 and average household income just under $60K
- Strong corporate guarantor, Family Dollar, a subsidiary of Dollar Tree with a BBB- investment grade rating
- Louisiana License #: 0095683059
False
Contacts
Location
Getting Around
-
Walk Score ®
34/100 Car-Dependent -
Bike Score ®
30/100 Somewhat Bikeable
- City Shreveport, LA
- Neighborhood Country Club Hills - Lakeshore
- Zip Code 71109
Points of Interest
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Shell
2.51 miles
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Brookshire's Gas
2.52 miles
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Murphy USA
2.58 miles
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Tesla Supercharger
4.34 miles
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Brookshire's Gas
4.46 miles
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Shell
5.79 miles
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Valero
6.29 miles
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Shell
6.34 miles
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Chevron
6.40 miles
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Exxon
6.43 miles
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Quick Park
0.58 miles
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Long Term Parking
0.59 miles
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Short Term Parking
0.63 miles
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Patient Parking
3.84 miles
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Staff Parking
3.90 miles
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Reserved Patient Parking
3.95 miles
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Staff Parking
4.06 miles
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Staff Parking
4.08 miles
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Reserved Patient Parking
4.14 miles
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Parking Garage
6.38 miles
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Waffle House
0.27 miles
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Whataburger
1.84 miles
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IHOP
2.25 miles
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Domino's
2.34 miles
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Popeyes
2.36 miles
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Daq's Wings & Grill
2.39 miles
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Whataburger
2.42 miles
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McDonald's
2.44 miles
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Burger King
2.45 miles
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Taco Bell
2.45 miles
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Super 1 Foods
2.01 miles
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Brookshire's
2.59 miles
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Walmart Supercenter
2.67 miles
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Super 1 Foods
2.86 miles
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Mall St. Vincent
4.40 miles
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Kroger
4.40 miles
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Brookshire's
4.45 miles
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Brookshire's
4.67 miles
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Perfect Pair
4.89 miles
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Brookshire's
5.18 miles
Frequently Asked Questions
How much does Rare NNN Lease | Net Lease Investment Opportunity | 7.2% Cap Rate cost?
The space currently listed for sale at Rare NNN Lease | Net Lease Investment Opportunity | 7.2% Cap Rate asks for $1,620,000.
What is the total square footage of Rare NNN Lease | Net Lease Investment Opportunity | 7.2% Cap Rate?
Rare NNN Lease | Net Lease Investment Opportunity | 7.2% Cap Rate totals 8,320 square feet.
When was this property built?
Rare NNN Lease | Net Lease Investment Opportunity | 7.2% Cap Rate was built in 2015.
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Contact Listing Broker
Nancy Miller, CCIM, MBA
Bull Realty