CVS NNN Retail
For Sale
Contact for pricing
1540 N Market St, Shreveport, LA 71107
Freestanding single-tenant retail building occupied under a long-term absolute net lease.
Property SizeContact for details
Days on Market144
Property Features for 1540 N Market St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Quantum Real Estate Advisors
Listed By:
Chad Firsel · License #IL 471001133
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 10:34PM
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 Quantum Real Estate Advisors
Investment Insights
Based on property information with market context.
This freestanding single-tenant retail property contains 15,634 square feet on approximately 1.40 acres. The building was constructed in 2005 and is occupied by CVS under a 25-Year absolute net lease that began in December of 2006. The lease includes (10) 5-year options.
The property occupies the northeast corner of the signalized U.S. Highway 71 and North Hearne Avenue intersection, with reported traffic exceeding 30,187 VPD. I-290 is 1.2 miles north and carries an additional 42,561 VPD. The surrounding trade area includes over 91,164 residents within 5-miles, along with national retailers and service businesses including McDonald’s, Wendy’s, KFC, Burger King, O’Reilly Auto Parts, and Chase Bank.
The property occupies the northeast corner of the signalized U.S. Highway 71 and North Hearne Avenue intersection, with reported traffic exceeding 30,187 VPD. I-290 is 1.2 miles north and carries an additional 42,561 VPD. The surrounding trade area includes over 91,164 residents within 5-miles, along with national retailers and service businesses including McDonald’s, Wendy’s, KFC, Burger King, O’Reilly Auto Parts, and Chase Bank.
Key Highlights
- 15,634 square foot freestanding retail building
- Approximately 1.40‑acre site at 1540 N. Market St.
- CVS occupies the building under a 25‑Year absolute net lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,155
Businesses Nearby
Explore this area
Business Placement
Demographics for 71107, LA
31,311
Population
13,636
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
137.2 sq mi
ZIP Area
228
Density / Sq Mi
$48,114
Median Household Income
$31,075
Median Earnings
$909
Median Rent
$157,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding single-tenant retail building occupied under a long-term absolute net lease.
Where is this nnn property located?
The property is located at 1540 N Market St Shreveport, LA.
What are key features of this property?
This property features: 15,634 square foot freestanding retail building; Approximately 1.40‑acre site at 1540 N. Market St.; CVS occupies the building under a 25‑Year absolute net lease
