NNN Retail Lounge
For Sale
Contact for pricing
2621 Hollywood Ave, Shreveport, LA 71108
Recently executed 10-year triple-net lease with personal guarantees supports income for this leased retail lounge property.
Property SizeContact for details
Days on Market121
Property Features for 2621 Hollywood Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Brookwood Capital Advisors - Hamd
Listed By:
Ben Hamd · License #VA 02260227550
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 6:39PM
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 Brookwood Capital Advisors - Hamd
Investment Insights
Based on property information with market context.
This absolute triple-net (NNN) retail lounge property features a newly executed 10-year lease. The lease is backed by three personal guarantees from the operators, who own several bar restaurants in the market. Reported net operating income is $60,000, with the lease structured to cover all repairs and maintenance and utilities, supporting a lower-maintenance expense profile for an investor.
The offering is presented as an auction with no reserve and a $1 starting bid. The public remarks also note that the RI Marketplace auction period runs August 21–23, with five buildings in total offered and each parcel sold separately. Pre-auction offers are encouraged, and sellers indicate negotiability.
The property is located at 2621 Hollywood Ave, Shreveport, LA 71108. The public remarks cite 21,000 vehicles passing by daily and a population of over 148,000 within a 5-mile radius.
The offering is presented as an auction with no reserve and a $1 starting bid. The public remarks also note that the RI Marketplace auction period runs August 21–23, with five buildings in total offered and each parcel sold separately. Pre-auction offers are encouraged, and sellers indicate negotiability.
The property is located at 2621 Hollywood Ave, Shreveport, LA 71108. The public remarks cite 21,000 vehicles passing by daily and a population of over 148,000 within a 5-mile radius.
Key Highlights
- Newly executed 10‑year triple‑net (NNN) lease for a leased retail lounge property in Shreveport, LA
- Lease supported by three personal guarantees from operators who own several bar restaurants in the market
- Strong NOI of $60,000 stated for the property
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 71108, LA
17,727
Population
8,341
Households
2.1
Avg Household Size
35
Median Age
7%
College-Educated
78%
High-School Grad
8.5 sq mi
ZIP Area
2,086
Density / Sq Mi
$32,116
Median Household Income
$25,575
Median Earnings
$1,075
Median Rent
$81,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Recently executed 10-year triple-net lease with personal guarantees supports income for this leased retail lounge property.
Where is this nnn property located?
The property is located at 2621 Hollywood Ave Shreveport, LA.
What are key features of this property?
This property features: Newly executed 10‑year triple‑net (NNN) lease for a leased retail lounge property in Shreveport, LA; Lease supported by three personal guarantees from operators who own several bar restaurants in the market; Strong NOI of $60,000 stated for the property
