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Office Units with Rear Playground
For Sale
$275,000

2000 E Texas St, Bossier City, LA 71111

B-3-zoned office property with three offices, reception, breakroom, and rear playground or entertainment area.

Property Size2,320 SF
Price / SF$118.53
Days on Market579

Property Features for 2000 E Texas St

General Information

Standard status Active
Size 2,320 SF
Property subtype Office
Zoning B-3
Occupancy 100%

Amenities

Kitchen/Breakroom Area
Playground/Entertainment Space
Two 15KW Generators
Water
Sewer

Building Details

Tenancy Single
Owner Occupied No
Abandoned No
Listing Agency: Vintage Realty Company
Listed By: Eric Ricard
Source: Lacdb.resimplifi
Added: Jan 28, 2025 Changed: Aug 28 Last Checked: Aug 29 at 6:02AM

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 Vintage Realty Company

Investment Insights

Based on property information with market context.

This 2,320-square-foot office property at 2000 E Texas St includes three private offices, a large reception area, and a kitchen/breakroom. The rear portion provides playground or entertainment space, while two 15KW generators support the property. Recent improvements include two HVAC systems and water heaters installed within the past 3 years, new flooring completed within the last 3 years, and a new plumbing grinder system. The property is zoned B-3 and occupies a corner lot in South Bossier. A 3-year lease is in place from March 1, 2025 through Feb. 29, 2028. Traffic at E. Texas & Benton Rd. is reported at 24,220 VPD.

Key Highlights

  • 2,320 Sq Ft office property with three offices and a large reception area
  • 3‑year lease in place from March 1, 2025‑Feb. 29, 2028
  • Rear playground or entertainment space included

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,895
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.33%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$457,900 $457.9K
Cap Rate 7%
$327,071 $327.1K
Cap Rate 9%
$254,389 $254.4K
Market Conditions
NOI Build-Up for 2,320 SF 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.
Gross rent
$35.9K $15.48/SF
− Vacancy
−$5.4K −$2.32/SF
EGI
$30.5K $13.16/SF
− OpEx
−$7.6K −$3.29/SF
NOI
$22.9K $9.87/SF
Area
Bossier County, LA
Vacancy
15.00%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$457,900
Cap Rate 7%
$327,071
Cap Rate 9%
$254,389

Alternative Uses

Best Use
Office B
$327.1K
$286.2K – $381.6K (±1% cap)
NOI $22,895 @ 7.0% cap · market cap 8.33%
Second Best
no second resolved use
Theoretical Best
Office A
$394.9K
$345.6K – $460.8K (±1% cap)
NOI $27,645 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Storage Facility Gym & Fitness Center

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby

Demographics for 71111, LA

44,476
Population
19,563
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
45.2 sq mi
ZIP Area
984
Density / Sq Mi
$66,465
Median Household Income
$43,483
Median Earnings
$1,065
Median Rent
$268,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - B-3-zoned office property with three offices, reception, breakroom, and rear playground or entertainment area.
Where is this office units located?
The property is located at 2000 E Texas St Bossier City, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,320 Sq Ft office property with three offices and a large reception area; 3‑year lease in place from March 1, 2025‑Feb. 29, 2028; Rear playground or entertainment space included
More about this property
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