Office Building - 8870 Youree Dr

Office for Sale
Catylist Listing ID: 30769576
Property Subtypes: Office Building
Building Size (RSF): 8,500 SF
Gross Land Area: 0.71 Acres
Sale Price: $1,200,000
Unit Price: $141.18 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Average Occupancy Rate: 85
Last Updated: 11/3/2021

Overview / Comments

Office building in prime location near LSUS. 13 offices downstairs, 16 offices upstairs. 5 bathrooms - 2 men’s, 2 women’s, 1 office with private bath. Reception area. Communal kitchen area with fridge & microwave. Security system. 6 AC units. Roof (2018). Storage-warehouse building with AC & heat. Not in a flood zone. Zoned C3 (general commercial). 85% occupied (month to month). Rent ranges $150-$500 a month (includes utilities). 3 years financials available. Showing appointment required.

Attachments & Media

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 171334014001100
Zoning: C3
Property Located Between: Village Green Dr & Stratmore Dr
Property Visibility: Excellent
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1985
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Front, side & back.
Total Parking Spaces: 25
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL
Zoning Description: C3 (General Commercial)
Lot Frontage: 178 feet
Lot Depth: 305 feet
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SELY PORTION OF LOT 2, MEASURING 339.98 FT ON S. LINE & 304.84 FT. ON SOPHIA LANE, LESS NLY 595 FT. SOUTH BROADMOOR SUB., UNIT 5 171334-14-11 PARTIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,393 37,513 118,239
Median Age: 36.74 40.27 35.94
Households: 4,106 16,674 48,556

Contact

Photograph of Listing Agent

Michael R Salter

Century 21 Elite Shreveport, LA 71105-5677
LACDB Member
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