Shopping Center for Sale
Catylist Listing ID: 30811437
Property Subtypes: Net Leased, Strip Center
Building Size (RSF): 20,588 SF
Gross Land Area: 3.56 Acres
Sale Price: $4,500,000
Unit Price: $218.57 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Last Updated: 8/15/2022

Overview / Comments

This beautifully designed lifestyle center was developed in 2005 and has become the crown jewel of Airline Drive, Bossier City’s busiest retail corridor.
The design pays homage to the west coast Mission Revival Style of the 1920s and 1930s with its EIFS stucco sidewalls, red steel roof, towers, and oculars. This shopping center stands out in stark contrast to typical retail development styles.
Airline Plaza boasts a wonderfully diverse tenant mix of the area’s finest local retailers and restaurants. 2 Johns Steak and Seafood in its second highly successful decade is Bossler’s premier fine dining establishment. Family favorite Monjuni’s Italian restaurant was the center’s first tenant and remains a popular locally originated restaurant. Additional tenants include Balentine Jewelers, Rehab Services Administrative Offices, Christus Urgent Care, Poshe’ Salon, LOA Clothing, Birdwells, and recent addition Home Smart Real Estate.
The center has concrete paved surface parking and ancillary parking lots north of the center immediately behind it and across Northside Drive to accommodate employee parking and overflow parking when needed. Airline Plaza is beautifully landscaped and well maintained.
Original parking lot lighting was replaced several years ago with modern, energy-efficient LED lighting.

Attachments & Media

Current Tenants

Tenant Business Name 2 JOHNS STEAK AND SEAFOOD
Is Renting? Yes

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Bossier
Taxing Authority: Bossier Parish
Tax ID/APN: S605 0000A
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Interstate 20 and Interstate 220
Property Visibility: Excellent
Largest Nearby Street: Airline Drive
Airports: SHV, DTN
Construction/Siding: Stucco
Exterior Description: EIFS Exterior and Steel Roof
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,730 41,493 112,327
Median Age: 32.36 33.45 34.19
Households: 3,616 16,692 44,905


Photograph of Listing Agent

Raymond S Alley

Walker-Alley & Associates Shreveport, LA 71166
LACDB Member
Photograph of Listing Agent

Ben W Walker, III

Walker-Alley & Associates Shreveport, LA 71166
LACDB Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.