6590 Youree Dr, Shreveport, LA

This retail asset is located within the Bayou Walk Shopping Center at the intersection of Youree Drive and E 70th Street in Shreveport, LA. The shopping center is a destination location with retailers including Kroger, Barnes & Noble, Old Navy, and JoAnn Fabric. The property is 100% leased to Petco and Boot Barn, both of whom recently exercised their options early. Each tenant has 5.5+ years remaining on their current lease term, with 10% rental increases at each option period. The seller will deliver the property with a new roof. Petco has been at this location for over 20 years, and Boot Barn has been at the site for nearly 10 years. Petco is a pet specialty retailer with over 1,500 locations nationwide. Boot Barn is a retailer specializing in Western and work-related apparel, with over 290 locations across the United States. The property is located on Youree Drive near the intersection of E 70th Street, with over 40,000 vehicles per day. There is a dense population base with over 60,000 people within 3 miles and an average household income of over $77,000 within a 3-mile radius. The property is strategically located on the major retail corridor in the trade area, near Whole Foods, Target, Best Buy, Lowe’s, Ross, Hobby Lobby, TJ Maxx, PetSmart, and Burlington. The property size is 29,000 square feet.