List Search

6596 & 6590 Youree Drive
Shreveport, LA 71105 East Shreveport

$5,980,000 USD

Storefront For Sale  •  29,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 29,000 SF
  • Lot Size 2.73 AC
  • Year Built 1997
  • Cap Rate 8.00 %
  • Tenancy Multiple
0 Transit Score
66 Walk Score

Highlights

High Yield (8.00% Cap Rate) & Low Cost Per Square Foot Opportunity ($206 PSF)
Both Tenants Feature Low Rents Providing Future Security to New Investors
100% Leased Asset With 5.5 Years Remaining on Current Lease Term With Both Tenants
Each Tenant Exercised Their Options Early Demonstrating Confidence in the Location
Strong Rental Increases of 10% at the Option Periods, Providing Hedge For Inflation
Seller to Deliver Property With Brand New Roof - Reducing Potential Near Term Capital Expenditures For New Investor
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Boot Barn 11,000 SF 11/30/2030
Petco 18,000 SF 9/30/2030

Amenities

  • Wheelchair Accessible
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Shreveport Regional 16 min - 6.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
Claire Brazzel 864-553-1566 Sands Investment Group
Claire Brazzel 864-553-1566 Sands Investment Group