Catylist ID:
#30818596
Value Add Opportunity - Hollywood Plaza
Retail-Commercial
for Sale
| Catylist Listing ID: | 30818596 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other |
| Building Size (RSF): | 23,084 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $850,000 |
| Unit Price: | $36.82 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN) |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/23/2023 |
Overview / Comments
|
Amazing value-add opportunity in a high traffic area positioned along three main streets. Featuring a multi tenant plaza which is anchored by Boost Mobile and Little Caesars, this property also features a variety of tenants with long term leases. This property is unique in that it has a strip center and multiple stand alone buildings. Hollywood Plaza also has prominent signage and frontage on three sides that allows for superior access and visibility. Located in a high traffic area with close proximity to I-20 and I-49 and minutes from Shreveport Regional Airport, Hollywood Plaza is surrounded by neighboring strip centers, restaurants, and more. Additionally, the area has a strong residential presence within walking distance. |
Attachments & Media
Additional Details
| Nearest MSA: | Shreveport-Bossier City |
| County: | Caddo |
| Tax ID/APN: | 171422067000700 |
| Retail Clientele: | General, Family, Business, Recreation |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Hollywood Ave and Mansfield Rd |
| Highway Access: | Hwy 171 (Hearne Ave) |
| Airports: | Shreveport Regional |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,050 | 88,314 | 176,929 |
| Median Age: | 30.05 | 34.75 | 35.54 |
| Households: | 4,960 | 34,495 | 73,792 |
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