4847 Line Avenue, Shreveport, LA 71106
Income-producing strip center in prime location with established tenants.
- Added:
- Apr 22, 2026
- Days on Market:
- 55
- Last Refresh:
- Apr 22 at 5:37 pm
Property Features for 4847 Line Avenue
General Information
- Standard status
- Active
- Size
- 7,129 SF
- Lot size
- 0.28 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing agent Andrew Cordaro
Listing office Coldwell Banker Apex, REALTORS
Listing date Apr 22, 2026
Source Signaturere
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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HighLights
- Fully leased income‑producing strip center.
- Prime location in the heart of South Highlands, in front of Pierremont Mall and across from Uptown Shopping Center.
- Strong tenant mix: Clarkes Jewelers, At Home Academy, Duncan Optical, and Leonard's Jewelers.
- Zoned C‑UC (Commercial‑Urban Core).
- 29 parking spaces.
- Financials (Income & Expense, Rent Roll, Lease Agreements) available with NDA.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.9k | $15.00 |
| − Vacancy | −$6.0k | −$0.84 |
| EGI | $100.9k | $14.16 |
| − OpEx | −$30.3k | −$4.25 |
| NOI | $70.7k | $9.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.744939
- Latitude
- 32.457448