1120 South Pointe Parkway

Office for Sale
Catylist Listing ID: 30837734
Property Subtypes: Office Building
Building Size (RSF): 21,630 SF
Gross Building Area: See Agent
Gross Land Area: 1.73 Acres
Sale Price: $1,500,000
Unit Price: $69.35 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/28/2024

Overview / Comments

Recently improved 21,630 SF multi-tenant commercial complex that offers an investment opportunity with upside potential. The building's existing income stream along with various space options make this property an attractive option for investors as well as an owner-user.

With its expansive size and flexible design, this commercial center contains ample parking and offers many possibilities for customization and expansion. The building's central location is also a major selling point, as it is situated in a bustling commercial area with easy access to major transportation routes.

Whether you are an established business looking to expand your operations or an investor seeking a value-add opportunity, this multi-tenant commercial property is a must-see.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 171309035000200
Zoning: C-3
Property Located Between: Clyde Fant Memorial Parkway and E. Kings
Property Visibility: Good
Site Description: Located in the South Pointe Business Park in the Southeastern region. The area is a thriving commercial district that is home to a variety of businesses, ranging from retail and dining to professional services and medical offices. The business park is situated near E. Kings and Clyde Fant Parkway, providing easy access to both Shreveport and Bossier City. Near major transportation routes, including Youree Drive (1.5 miles)
Total Number of Buildings: 5
Number of Stories: 2
Year Built: 1983
Year Renovated: 1992
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: 5 Red Brick buildings connected by walkways creating a cohesive and professional environment.
Parking Ratio: 1.4 (per 1000 SF)
Parking Type: Surface
Parking Description: ±40,000 square feet of concrete parking and drives.
Total Parking Spaces: 101
Passenger Elevators: 1
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Zoning Description: General Business
Lot Frontage: 374
Lot Depth: 206
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT:2 DIST:002 CITY:SHREVEPORT SUBD:SOUTH POINTE SUBDIVISION SEC/TWN/RNG/MER:SEC 09 TWN 17 RNG 13 1.73 ACRES-LOT 2 SOUTH POINTE SUBN. 171309-35-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,565 70,538 157,650
Median Age: 32.07 35.49 34.79
Households: 5,072 30,348 64,269

Contact

Photograph of Listing Agent

Emily Bynum

Sealy Real Estate Services LLC Shreveport, LA 71101
LACDB Member
Photograph of Listing Agent

Roger A DeKay

Sealy Real Estate Services LLC Shreveport, LA 71101
LACDB Member
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