Catylist ID:
#30828271
| Catylist Listing ID: | 30828271 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 34,290 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 4.31 Acres |
| Sale Price: | $3,750,000 |
| Unit Price: | $109.36 PSF |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Renovated Class A Office Building |
| Class of Space: | Class A |
| Usable Size (USF): | 34,290 SF |
| Sale Terms: | Cash to Seller |
| Last Updated: | 6/2/2023 |
Overview / Comments
|
Recently renovated two-story office building located in Bossier City, Louisiana. The building was most recently occupied by General Dynamics Information Technology (GDIT), a publicly traded, aerospace and defense corporation with offices throughout the United States. The office building was originally constructed as a retail bank operation and served as the bank’s headquarters. The subject property is ideal for professional office users. 301 Benton Road is strategically positioned at the signalized intersection of Benton Road and LA Hwy 3(Benton Spur). The hard-corner parcel consists of 4.31 acres +/- and includes a well-lit concrete parking lot with seven (7) drive-thru lanes. The drive-thru lanes were most recently used for covered parking. The 34,290 sq. ft. building includes 16,528 sq. ft. on the first floor and 15,960 sq. ft. on the second floor. The subject property has been meticulously maintained by its current owner. In 2018, extensive phased interior renovations to the building were completed, consisting of quality Class A amenities and colorful interior finishes. The sales price is well below the replacement cost for similar assets. Highlights - Free standing Class A office building available in Bossier City, LA - Close proximity to Barksdale Airforce Base as well as Shreveport, LA - Unique opportunity to purchase an office building priced well below replacement cost - From an investment perspective, the property was most recently a single-tenant net leased investment with a long-term lease and minimal landlord responsibilities - Over $3,400,000 in extensive renovations to the entire building completed in 2018 - Exclusive, lighted, on-site parking for employees and guests - Office has great curb appeal, excellent visibility, and access to all passing traffic - Existing FF&E negotiable and can be included in sale or lease |
Attachments & Media
Additional Details
| Nearest MSA: | Shreveport-Bossier City |
| County: | Bossier |
| Tax ID/APN: | S258 0019D |
| Property Located Between: | Benton Road and Benton Spur |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Renovated: | 2018 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Passenger Elevators: | 2 |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | Fee Simple |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,361 | 63,277 | 146,130 |
| Median Age: | 31.91 | 32.45 | 34.9 |
| Households: | 3,849 | 26,106 | 58,884 |
Contact
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