Bossier City Office
1915 Citizens Bank Drive Bossier City, LA 71111
1915 Citizens Bank Drive, Bossier City, LA, 71111
$360,000
For Sale
$360,000
2,764 SF office building for sale in Bossier City.
Property Size2,764 SF
Price / SF$130.25
Days on Market87
Property Features for 1915 Citizens Bank Drive
General Information
- Standard status
- Active
- Size
- 2,764 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2000
Listing Agency
Coldwell Banker Apex, REALTORS
(318) 698-1880
Listed by
Andrew Cordaro · License #0995686324
(318) 455-3661
Source
Signaturere
Added: Apr 22 Checked: Jul 16 at 1:06 pm
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 Coldwell Banker Apex, REALTORS
Investment Insights
Based on property information with market context.
This 2,764 SF office building is available for sale in Bossier City. The property features an open concept layout with a large, spacious work area. It includes two private offices, a conference room, two restrooms, and an IT and storage room. The owner is willing to include cubicles in the sale. The property is located on Citizens Bank Drive, which now provides easy access to Benton Road and the new Walter O. Bigby Carriageway.
Key Highlights
- Spacious, open concept layout with 2,764 SF of office space.
- Includes two private offices, conference room, IT room, and storage room.
- Cubicles included in the sale.
Local Financial Insights For Office B
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 | $42.8k | $15.48 |
| − Vacancy | −$6.4k | −$2.32 |
| EGI | $36.4k | $13.16 |
| − OpEx | −$9.1k | −$3.29 |
| NOI | $27.3k | $9.87 |
2,764 SF · lease $15.48/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$389.7K
$341.0K – $454.6K
NOI $27,277 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.5K
$411.7K – $548.9K
NOI $32,936 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Inquisitor Newspaper
Publishing House
Leslie W. Kelly ...
Law Firm
John E. Settle, ...
Law Firm
Settle Planning Services
Law Firm
Arklatex Title Co
Title Company
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FAQs
What type of property is this?
Office building - 2,764 SF office building for sale in Bossier City.
Where is this office building located?
The property is located at 1915 Citizens Bank Drive Bossier City, LA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Spacious, open concept layout with 2,764 SF of office space.; Includes **two private offices, conference room, IT room, and storage room.**; Cubicles included in the sale.
