QSR Near New Amazon Fulfillment Center
Retail-Commercial
for Sale
| Catylist Listing ID: |
30659523 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Retail-Pad, Vehicle Related, Other
|
| Building Size (RSF): |
2,390 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.60 Acres
|
| Sale Price: |
$1,250,000 |
| Unit Price: |
$523.01 PSF |
| Is Quick-Service Restaurant? |
Yes |
| Has Drive-Thru? |
Yes |
| Property Use Type: |
Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
4/4/2024 |
Overview / Comments
KW Commercial is pleased to offer for sale this QSR redevelopment opportunity, located along the busy N. Market Street corridor north of Downtown Shreveport, and approximately 1.0 mile from the +/-3.2 MM Sq.Ft. Amazon Fulfillment Center currently under construction. This stretch of N. Market (State Hwy 1) boasts traffic counts of between +/-24,000 and +/-33,000 CPD, which continues to provide strong historical sales for quick service restaurants located along N. Market.
Built in 2013, the building is +/-2,390 SF and sits on just over a half-acre, with curb cuts on N. Market and Freestate Boulevard. With a single drive-through window and compact dining room, the facility could be redeveloped into a drive-through/take-out concept, better serving customers desiring a post-COVID limited operation setting.
The newer construction and small store footprint provide a new operator an opportunity for a lower capital investment/conversion cost, compared to some of the larger footprint/older QSR conversion locations currently on-market, or sold in recent years. In addition, the subject property still contains most of the FF&E, making this opportunity a turnkey operation within approximately 60 days from time of purchase.
|
Additional Details
| Nearest MSA: |
Shreveport-Bossier City |
| County: |
Caddo |
| Tax ID/APN: |
181423046001200 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other |
| Property Located Between: |
Downtown Shreveport & I-220 |
| Property Visibility: |
Excellent |
| Traffic/Vehicle Count: |
25,000 |
| Highway Access: |
Direct via N. Market Street |
| Airports: |
SHV |
| Tenancy: |
Single Tenant |
| Year Built: |
2013 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,740 |
39,851 |
128,256 |
| Median Age: |
29.23 |
37.24 |
34.53 |
| Households: |
1,508 |
15,646 |
52,054 |
|
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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.
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