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401 Kings Hwy
Shreveport, LA 71104 Caddo Heights/South Highlands

Price Upon Request

Auto Repair For Sale  •  1,505 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,505 SF
  • Lot Size 0.38 AC
  • Building Class C
  • Year Built 1999
  • Tenancy Single
  • Zoning C-2
0 Transit Score
64 Walk Score

Highlights

Zero landlord responsibilities - Absolute Net Lease
10 year primary term that commenced February 1, 2017
1.5% annual increases throughout the remainder of the term including renewal options
Corporate lease with Valvoline, Inc.
6.75% average return over remainder of primary term
Four, 5-yr renewal options

Amenities

  • Pylon Sign
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Shreveport Regional 18 min - 8.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes