Retail Strip Center

Retail-Commercial for Sale
Catylist Listing ID: 30704381
Property Subtypes: Street Retail
Building Size (RSF): 19,360 SF
Gross Building Area: See Agent
Gross Land Area: 1.83 Acres
Sale Price: $3,675,000
Unit Price: $189.82 PSF
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN)
Building Name: Viniso Plaza
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 90
Last Updated: 2/4/2021

Overview / Comments

This is located 1 mile north of I-220 and Airline Drive Interchange where traffic count exceeds 30,000 per day. Currently there is one vacancy in the front buiding and one in the rear building. With both of these spaces rented, gross rents are at $302,012.40 per year. Owner/Agent Price and Co-op fee are negotiable

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Bossier
Taxing Authority: Bossier City/Bossier Parish
Tax ID/APN: SF63 0001
Zoning: B-3
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Brownlee and Wemple Roads
Feet of Frontage: 310
Traffic/Vehicle Count: 31,000
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1997
Year Renovated: 2008
Roof Type: Other
Construction/Siding: Steel Frame
Exterior Description: Aluminum Siding and Stucco
Parking Type: Surface
Interior Description: Several of the 10 units have been remodeled in the past 24 months
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,811 25,683 64,863
Median Age: 37.71 34.15 34.28
Households: 2,317 10,165 24,966

Contact

Photograph of Listing Agent

Jeffery Hogan

Hogan Properties Shreveport, LA 71106
LACDB Member
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