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QSR Redevelopment Opportunity For Sale

161 Freestate Blvd, Shreveport, LA 71107

For Sale
$1,200,000

QSR redevelopment opportunity near Amazon Fulfillment Center in Shreveport, LA.

Property Size2,390 SF
Lot Size0.50 Acres
Price / SF$502.09
Days on Market2218

Property Features for 161 Freestate Blvd

General Information

Standard status Active
Size 2,390 SF
Lot size 0.50 Acres
Property subtype Retail
Zoning I-MU

Site & Location

Neighborhood Cherokee Park

Amenities

Power
Water
Sewer
Natural Gas
Drive-Thru

Building Details

Year Built 2013
Listing Agency: KW Commercial NWLA
Listed By: Trenton Siskron · License LA #0995687110
Source: Lacdb.resimplifi
Added: Oct 15, 2020 Changed: Nov 6 Last Checked: Nov 10 at 5:08AM

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 KW Commercial NWLA

Rey
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Investment Insights

Based on property information with market context.

This quick service restaurant redevelopment opportunity is located along the busy N. Market Street corridor, north of Downtown Shreveport, and approximately 1.0 mile from the +/-3.0 MM Sq.Ft. Amazon Robotic Fulfillment Center. Amazon is actively hiring employees and engineers in preparation of opening in August of 2024. North Market (State Hwy 1) has traffic counts of between +/-24,000 and +/-33,000 CPD. Built in 2013, the building is +/-2,390 SF and sits on just over a half-acre, with curb cuts on N. Market and Freestate Boulevard. With a single drive-through window and compact dining room, the facility could be redeveloped into a drive-through/take-out concept, better serving customers desiring a post-COVID limited operation setting. The newer construction and small store footprint provide a new operator an opportunity for a lower capital investment/conversion cost, compared to some of the larger footprint/older QSR conversion locations currently on-market, or sold in recent years. In addition, the subject property still contains most of the FF&E, making this opportunity a turnkey operation within approximately 60 days from time of purchase.

Key Highlights

  • Located near the new Amazon Robotic Fulfillment Center, providing a large potential customer base.
  • High traffic counts (24,000‑33,000 CPD) on N. Market Street, a proven corridor for QSR sales.
  • Built in 2013, offering newer construction.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Nail Salon Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

715
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - QSR redevelopment opportunity near Amazon Fulfillment Center in Shreveport, LA.
Where is this drive through restaurant located?
The property is located at 161 Freestate Blvd Shreveport, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Located near the new Amazon Robotic Fulfillment Center, providing a large potential customer base.; High traffic counts (24,000‑33,000 CPD) on N. Market Street, a proven corridor for QSR sales.; Built in 2013, offering newer construction.
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