Catylist ID:
#239667
| Catylist Listing ID: | 239667 |
| Property Subtypes: | Office, Retail |
| Gross Land Area: | 1.50 - 14.39 Acres |
| Sale Price: | $7.50 - 15 PSF |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/16/2024 |
Overview / Comments
|
Alexandrine Place is in southeast Shreveport, the fastest-growing area in the market for both retail and office development. Located on the north side of E. 70th Street, north of Super Target, adjacent to Bayou Walk Shopping Center, and near Regal Court, the property is home to Whole Foods, At Home, The Pearl, Hopdoddy Burger Bar, Shreveport Rehabilitation Hospital, StrongPoint Self Storage, New Horizons Bank, and Sikes Oral and Maxillofacial Surgery and more. Fern Loop and Fern Circle provide interior access from E. 70th to the Fern Avenue extension. There are 143,500 people within a five-mile radius. The average household income in a one-mile radius is $83,295. 55k+ vehicles travel daily through Youree Drive @ E. 70th intersection. The property owner is interested in high-end retail mixed-use or office development. Only 14.39 acres remain available, all fronting Fern Loop. Offers must be made on Seller's Contract. The price of land varies according to size and location; see brochure attachment. All mineral rights are reserved. Other developments in this submarket include Kroger, Barnes & Noble, Old Navy, PetCo, Super Target, Best Buy, TJ Maxx, and Sam's Club. In addition, Lowe's is located in the Kings Crossing development along with J.C. Penney/Kohl's/Dick's Sporting Goods in the Regal Court development. |
Attachments & Media
Additional Details
| Nearest MSA: | Shreveport-Bossier City |
| County: | Caddo |
| Tax ID/APN: | 171320122002100 |
| Zoning: | C-1, C-2 |
| Market Type: | Medium |
| Property Located Between: | NW Corner E 70th St and Youree Dr |
| Side of Street: | Northwest |
| Road Type: | Paved |
| Property Visibility: | Excellent |
| Largest Nearby Street: | E. 70th Street |
| Traffic/Vehicle Count: | 1,446 |
| Highway Access: | 0.4 miles to LA Hwy 1 (Youree Drive) 2.10 Miles to I-49 2.4 Miles to Inner Loop 3132 4.6 Miles to I-20 |
| Airports: | Shreveport Regional |
| Site Description: | See attached price list for available tracts and prices. |
| Area Description: | Southeast Shreveport is the fastest growing retail market in the MSA. There are 145,000 people within a 5 mile radious of the site. |
| Lot Frontage: | 1,446 on Fern Loop |
| Lot Depth: | 326' |
| Zoning Description: | C-1 and C-2 |
| Part of Planned Development?: | Yes |
| Development Name: | Alexandrine Place |
| Easements: | Utilities |
| Easements Description: | AEP Electric easements in place |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,333 | 80,221 | 174,342 |
| Median Age: | 44.82 | 36.64 | 35.78 |
| Households: | 4,183 | 34,315 | 70,912 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions. |
