Strip-Center Retail
New
For Sale
Contact for pricing
1869 N Market Street, Shreveport, LA 71107
The 1980-built space offers a flexible footprint within an established multi-tenant retail setting.
Property Size2,400 SF
Price / SF$1.13
Days on Market2
Property Features for 1869 N Market Street
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Site & Location
Neighborhood
Stoner Hill
Building Details
Year Built
1980
Listing Agency:
TCB Commercial
(318) 213-1777
Listed By:
Rose McLane · License #0912124527
(318) 780-7911
Source:
Dallasandbeyond
Added: Oct 30
Last Checked: Oct 30 at 2:09PM
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 TCB Commercial
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Investment Insights
Based on property information with market context.
This retail unit contains 2,400 square feet in a strip-center setting. Constructed in 1980, the space was previously occupied by a phone retailer and is located at 1869 N Market Street in Shreveport.
Key Highlights
- 2,400 SF of retail space
- Located within a strip center
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,789
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,780
$475.8K
Cap Rate 7%
$339,843
$339.8K
Cap Rate 9%
$264,322
$264.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$36.0K $15.00/SF
− Vacancy
−$2.0K −$0.84/SF
EGI
$34.0K $14.16/SF
− OpEx
−$10.2K −$4.25/SF
NOI
$23.8K $9.91/SF
Area
Shreveport, LA
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,780
Cap Rate 7%
$339,843
Cap Rate 9%
$264,322
Alternative Uses
Best Use
Retail
$339.8K
$297.4K – $396.5K
NOI $23,789 @ 7.0% cap · market cap 881.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.6K
$443.2K – $591.0K
NOI $35,459 @ 7.0% cap · market cap 1,313.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
528
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
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
Frequently Asked Questions
What type of property is this?
Retail space - The 1980-built space offers a flexible footprint within an established multi-tenant retail setting.
Where is this retail space located?
The property is located at 1869 N Market Street Shreveport, LA.
What are key features of this property?
This property features: 2,400 SF of retail space; Located within a strip center; Built in 1980
