For Lease
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

Shreveport Louisiana Msa Shreveport, LA 71118

For Lease
$2,333,333

Two Joe Hudson's Collision Centers with long-term leases.

Building Details

Year built
1980

Source: Payman Mahjoory Agent Payman Mahjoory

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Shreveport Area Investment Portfolio

This portfolio features two Joe Hudson's Collision Center properties located in the Shreveport, Louisiana area. The tenants occupy the properties since September 2022, operating under a new 10-year lease with approximately 9.5 years remaining, and include four five-year options with 5% rent increases every five years. One location on Barksdale Boulevard has approximately 4,600 square feet of available space that can be leased for additional income. Both properties benefit from high visibility, access, and street frontage, situated directly off a major highway with daily traffic exceeding 40,000 vehicles. The surrounding area is a dense commercial corridor with national credit tenants, including O'Reilly, Circle K, RaceWay, CVS, Walgreens, Kroger, Walmart, Firestone, Mavis Discount Tires, Dollar General, Family Dollar, Advanced Auto Parts, Planet Fitness, AT&T, and Chase Bank, along with numerous quick-service restaurants. The Shreveport MSA has approximately 148,500 residents within a five-mile radius, with an average household income of $63,750. Shreveport is the educational, commercial, and cultural center of the Ark-La-Tex region, known for its dockside riverboat casinos and historic landmarks. Major companies with operations in Shreveport include AT&T, Chase Bank, and Regions Financial Corporation.
Location Intelligence

Current Use by Public Records

Auto shops

Similar Places Nearby

Penske Truck Rental, Take 5 Oil Change, Summer Grove Auto Care, inc., Custom ATV of Shreveport Inc, Walmart Auto Care Centers

Map

City
Shreveport
County
Caddo
State
Louisiana
Longitude
-93.8051
Latitude
32.3925

FAQs

What type of property is this?
Auto shop - Two Joe Hudson's Collision Centers with long-term leases.
Where is this auto shop located?
The property is located at Shreveport Louisiana Msa Shreveport, LA.
What are key features of this property?
This property features: - Two-unit Joe Hudson's Collision Center portfolio with a new 10-year lease established in September 2022.; - **9.5 years remaining on the lease** with four five-year options and 5% rent bumps every five years.; - **Opportunity to increase NOI and CAP rate by leasing approximately 4,600 SF of available space** at the Barksdale Boulevard location.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message