Flex Space with Grade-Level
For Sale
$450,000
1010 Contractors Circle #C, Bossier City, LA 71111
Industrial-zoned office and warehouse property with gated access, security monitoring, and a practical business layout.
Property Size4,000 SF
Price / SF$112.50
Days on Market113
Property Features for 1010 Contractors Circle #C
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
8
Property subtype
Industrial
Zoning
I-1
Amenities
8 Parking Spaces
Building Details
Year Built
2023
Listing Agency:
Coldwell Banker Commercial Apex REALTORS
Listed By:
Karen Hoell · License #0995682823
(318) 780-4212
Source:
Lacdb.resimplifi
Added: Jun 25
Changed: Oct 2
Last Checked: Oct 14 at 7:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Apex REALTORS
Investment Insights
Based on property information with market context.
Built in 2023, this 4,000-square-foot flex property combines dedicated office space with warehouse functionality. The interior provides five private offices, a reception area, kitchenette, and two restrooms, including one with a shower. Warehouse operations are supported by a 12' x 12' grade-level overhead door that opens toward a newly asphalted parking area.
The property is located at 1010 Contractors Circle #C in Bossier City, near Benton Road and Shed Road. Zoning is I-1. Gated entry is available through remote or keypad access, and security cameras monitor the property 24/7. The configuration supports a range of industrial and service-oriented operations, including contractor, distribution, and light manufacturing uses as identified for the property.
The property is located at 1010 Contractors Circle #C in Bossier City, near Benton Road and Shed Road. Zoning is I-1. Gated entry is available through remote or keypad access, and security cameras monitor the property 24/7. The configuration supports a range of industrial and service-oriented operations, including contractor, distribution, and light manufacturing uses as identified for the property.
Key Highlights
- 4,000‑square‑foot flex property with office and warehouse areas
- Built in 2023 with five private offices and a reception area
- 12' x 12' grade‑level overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,474
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,480
$789.5K
Cap Rate 7%
$563,914
$563.9K
Cap Rate 9%
$438,600
$438.6K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$61.9K $15.48/SF
− Vacancy
−$9.3K −$2.32/SF
EGI
$52.6K $13.16/SF
− OpEx
−$13.2K −$3.29/SF
NOI
$39.5K $9.87/SF
Area
Bossier County, LA
Vacancy
15.00%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,480
Cap Rate 7%
$563,914
Cap Rate 9%
$438,600
Alternative Uses
Best Use
Office B
$563.9K
$493.4K – $657.9K
NOI $39,474 @ 7.0% cap · market cap 8.77%
Second Best
Flex RnD
$493.0K
$431.4K – $575.2K
NOI $34,513 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$680.9K
$595.8K – $794.4K
NOI $47,664 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71111, LA
44,476
Population
19,563
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
45.2 sq mi
ZIP Area
984
Density / Sq Mi
$66,465
Median Household Income
$43,483
Median Earnings
$1,065
Median Rent
$268,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned office and warehouse property with gated access, security monitoring, and a practical business layout.
Where is this flex space located?
The property is located at 1010 Contractors Circle #C Bossier City, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,000‑square‑foot flex property with office and warehouse areas; Built in 2023 with five private offices and a reception area; 12' x 12' grade‑level overhead door
