Owner-User/Investment Property w/ 2 Suites

Office for Sale
Catylist Listing ID: 30092434
Property Subtypes: Flex Space, Office Building
Building Size (RSF): 20,205 SF
Gross Building Area: See Agent
Sale Price: $1,900,000
Unit Price: $94.04 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller, Owner Financing
Last Updated: 9/18/2018

Overview / Comments

Great property for an owner-user, due to the income generated from 6,145 sf tenant in Suite B. 14,060 sf is currently available, which includes the featured signage on the front of the building and the large lighted pole sign on the street.

Location
* Southwest Shreveport
* One block S. of the Inner Loop (Hwy. 3132)
* Minutes from both I-49 and I-20

Property Info
* 20,205 rentable square feet (14,060 available, 6,145 leased through 2021)
* 10 years remaining on roof warranty
* Newly painted exterior (July 2016).
* Average age of 6 roof-mounted AC units is 4.3 years

Tenant Info
* 1 national tenant through Feb 2021

Attachments & Media

Financials

Finance Data Year 2016
Net Operating Income $220,000 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Zoning: C-UV
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 100

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,139 53,666 132,446
Median Age: 34.2 34 35.48
Households: 3,615 20,588 52,957

Contact

Photograph of Listing Agent

Mitch G Busada

Walker-Alley & Associates Shreveport, LA 71166
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.