Shreveport, Louisiana, is a city that offers a unique blend of history, education, and commerce, making it an ideal location for retail space. With its strategic position at the juncture of the Red River and the Texas Trail, Shreveport has evolved into a hub for businesses, universities, and cultural attractions. The city's infrastructure, including SporTran public bus service, Interstate Highway System, and two airports, provides easy access to the region. Additionally, Shreveport is home to several major corporations, including JPMorgan Chase, Capital One, and Regions Financial Corporation, making it an attractive location for retail space for lease. The city's amenities, such as Willis-Knighton Medical Center, Christus Shreveport-Bossier Health System, and Ochsner LSU Health Shreveport, also contribute to its appeal.
With 42 retail spaces for lease available, Shreveport offers a range of options for businesses looking to establish a presence in the city. The average annual rent per square foot is $12 USD, with sizes ranging from 394 square feet to 53,756 square feet. In addition to retail space, Shreveport also offers a variety of other property types, including restaurants, medical offices, and office space. Restaurants can be found in the Youree Drive area, while medical offices are concentrated in the Highland neighborhood. Office space is available in the Shreveport Downtown Riverfront area, offering stunning views of the Red River. With its diverse economy, rich history, and cultural attractions, Shreveport is an ideal location for businesses looking to establish a strong presence in the region.
What is the average cost per square foot for retail space in Shreveport?
The average cost per square foot for retail space in Shreveport is $12 USD per square foot, with an average size of 5,558 square feet and a maximum space size of 53,756 square feet available among the 42 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as large department stores or grocery stores, can significantly impact surrounding retail space leases in Shreveport by driving foot traffic, increasing visibility, and creating a desirable shopping environment, which can lead to higher demand and rents for nearby retail spaces, with 42 available listings, averaging $12 USD per square foot, and ranging in size from 5,558 square feet to 53,756 square feet.
