Multi-Room Office
New
For Sale
Contact for pricing
2000 Creswell Avenue, Shreveport, LA 71104
A flexible arrangement of private rooms supports a range of professional office functions.
Property Size2,481 SF
Price / SF$0.91
Days on Market2
Property Features for 2000 Creswell Avenue
General Information
Standard status
Active
Size
2,481 SF
Property subtype
Commercial
Site & Location
Neighborhood
Highland
Additional Details
Property Use
Office
Building Details
Year Built
1995
Listing Agency:
Durden Property Group LLC
(318) 848-7826
Listed By:
Gerod Durden · License #0995703634
(318) 458-8017
Source:
Dallasandbeyond
Added: Oct 30
Last Checked: Oct 30 at 2:38PM
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 Durden Property Group LLC
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Investment Insights
Based on property information with market context.
This 2,481-square-foot office unit, built in 1995, is configured with multiple private rooms. Its layout can accommodate professional office functions, including medical, chiropractic, wellness, administrative, and general office use.
The property is in the Highland area of Shreveport, with access to parking and nearby businesses and major thoroughfares.
The property is in the Highland area of Shreveport, with access to parking and nearby businesses and major thoroughfares.
Key Highlights
- 2,481 square feet of office space
- Multiple private rooms
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,938
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,760
$558.8K
Cap Rate 7%
$399,114
$399.1K
Cap Rate 9%
$310,422
$310.4K
Market Conditions
NOI Build-Up for 2,481 SF
Gross rent
$50.6K $20.40/SF
− Vacancy
−$4.0K −$1.63/SF
EGI
$46.6K $18.77/SF
− OpEx
−$18.6K −$7.51/SF
NOI
$27.9K $11.26/SF
Area
Shreveport, LA
Vacancy
8.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,760
Cap Rate 7%
$399,114
Cap Rate 9%
$310,422
Alternative Uses
Best Use
Office B
$401.9K
$351.7K – $468.9K
NOI $28,135 @ 7.0% cap · market cap 1,250.44%
Second Best
Healthcare Medical
$399.1K
$349.2K – $465.6K
NOI $27,938 @ 7.0% cap · market cap 1,241.69%
Theoretical Best
Office A
$523.6K
$458.2K – $610.9K
NOI $36,655 @ 7.0% cap · market cap 1,629.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,609
Businesses Nearby
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Business Placement
Demographics for 71104, LA
13,680
Population
7,160
Households
1.9
Avg Household Size
36
Median Age
31%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
3,508
Density / Sq Mi
$53,481
Median Household Income
$36,693
Median Earnings
$1,071
Median Rent
$163,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible arrangement of private rooms supports a range of professional office functions.
Where is this office unit located?
The property is located at 2000 Creswell Avenue Shreveport, LA.
What are key features of this property?
This property features: 2,481 square feet of office space; Multiple private rooms; Built in 1995
