Make a Mark in Downtown Shreveport
Retail-Commercial
for Lease
| Catylist Listing ID: |
30844887 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
|
| Contiguous Space: |
3,200 SF |
| Gross Building Area: |
3,200 SF |
| Lease Rate: |
$3,000 (Monthly)
$11.25 PSF (Annual)
|
| Lease Types: |
NN, Net Lease, Other |
| In Opportunity Zone? |
Yes |
| Last Updated: |
9/21/2023 |
Overview / Comments
Located in the heart of Texas Street, this beautiful historic building is a rarity in Downtown Shreveport. A completely turn-key restaurant and bar, the developer has removed the high barriers to entry for new food and beverage (F&B) establishments in downtown. Coupled with being in a qualified Opportunity Zone, 605 Texas Street has the fundamentals and momentum to become a successful F&B destination.
Neighboring establishments continue to substantiate the F&B demand in Downtown Shreveport. Morning, noon and night, this corridor bustles with patrons of Rhino Coffee Downtown, Abby Singer’s Bistro & Robinson Film Center, Pepito XO, and The Missing Link.
|
| Space Available: |
3,200 SF |
| Lease Rate: |
$3,000 (Monthly)
$11.25 PSF (Annual)
|
| Lease Type: |
Net Lease,NN,Other |
| Space Description: |
Split level restaurant and bar, with interior dumbwaiter and stairwell between floors. |
| Space Subcategory: |
Mixed Use |
| Date Available: |
6/1/2023 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Rent Escalators |
Other |
Additional Details
| Nearest MSA: |
Shreveport-Bossier City |
| County: |
Caddo |
| Tax ID/APN: |
181437119003700 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other |
| Property Located Between: |
Louisiana & McNeil |
| Property Visibility: |
Excellent |
| Highway Access: |
Direct via Common & Market |
| Airports: |
SHV |
| Tenancy: |
Single Tenant |
| Number of Stories: |
2 |
| Typical SF / Floor: |
1,600 SF |
| Property Condition: |
Excellent |
| Year Built: |
1920 |
| Year Renovated: |
2016 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
The Metropolitan Planning Commission passed an ordinance allowing construction of outdoor patios along Texas Street. A new restaurant operator could incorporate a second floor balcony, along with construction of an outdoor patio. The Lessor requires approval of plans, if a Lessee has interest in constructing an outside patio and/or a balcony. |
| Sprinklers: |
None |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,059 |
71,029 |
152,879 |
| Median Age: |
43.63 |
34.06 |
34.67 |
| Households: |
1,872 |
29,195 |
61,261 |
|
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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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