Investment Office Property For Sale

Office for Sale
Catylist Listing ID: 30824105
Property Subtypes: Governmental, Office Building
Building Size (RSF): 42,513 SF
Gross Building Area: 43,841 SF
Gross Land Area: 87,120 SF
Sale Price: $3,000,000
Unit Price: $70.57 PSF
Property Use Type: Investment
Building Name: Southpointe Center
Core Factor: 1.13%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2023

Overview / Comments

OFFERING SUMMARY
Sale Price: $3,000,000
Building Size: 42,513 Rentable Square Feet
Price/SF: $70.57
NOI: $144,179

PROPERTY HIGHLIGHTS
* Investment Quality Property
* Multi-Tenant Professional Office
* GSA Approved Property
* 1 Building; 3 Floors
* Contact Agents for Full Offering Memorandum

Southpointe Center has a long history of tenant stability, financial strength, and deep roots in the Shreveport-Bossier community. This professional three-story multi-tenant office building offers a variety of floor plans which may be customized to meet specific needs of the tenant. The building is centrally located with excellent access to several main traffic arteries.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 171309030000700
Zoning: C-3
Property Visibility: Excellent
Highway Access: I-20, Highway 1, I-49
Airports: Shreveport Regional Airport
Total Number of Buildings: 1
Number of Stories: 3
Construction/Siding: Stucco
Exterior Description: Exterior wall finish is an Exterior Stucco/EIFS trim system on upper levels & brick finish on the lower level
Parking Type: Surface
Parking Description: Convenient, easily accessible parking spaces surround the building and are available to tenants and their visitors at no charge.
Total Parking Spaces: 165

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,565 70,538 165,814
Median Age: 32.07 35.49 34.84
Households: 5,072 30,348 67,253

Contact

Photograph of Listing Agent

Claire Childs

Vintage Realty Company Shreveport, LA 71101-3015
LACDB Member
Photograph of Listing Agent

Hilary Bransford

Vintage Realty Company Shreveport, LA 71101-3015
LACDB Member
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