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3124 Line Ave
Shreveport, LA 71104 Caddo Heights/South Highlands

$2,500,000 USD

Freestanding For Sale  •  14,391 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 15,120 SF
  • Lot Size 1.47 AC
  • Building Class C
  • Year Built 2000
  • Tenancy Single
  • Zoning Commercial
30 Transit Score
70 Walk Score

Highlights

Walgreens - Corporate Guaranteed Lease / Over $150B in Annual Revenue
Passive management - single tenant triple net NNN investment with drive-thru / Long Term Lease
Prime signalized hard corner location / Across street from High School
High yield single tenant net lease investment (8%)
Long term operating history with recent extension
Well below replacement cost - under $165/SF / Below Market Rent

Amenities

  • Corner Lot
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Shreveport Regional 17 min - 7.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Scott DeYoung 949-221-1835 Faris Lee Investments
Scott DeYoung 949-221-1835 Faris Lee Investments