Multi-Room Office
For Sale
Contact for pricing
209 Bennett Street, Bossier City, LA 71111
Includes a kitchen, outdoor yard area, and parking for office operations.
Property Size1,980 SF
Price / SF$1.01
Days on Market12
Property Features for 209 Bennett Street
General Information
Standard status
Active
Size
1,980 SF
Property subtype
Office
Additional Details
Office Units
8
Property Use
Office
Amenities
kitchen
yard space
Building Details
Year Built
1960
Listing Agency:
Freedom Realty
(318) 549-2999
Listed By:
Donna Tidwell · License #0099564546
(318) 272-0361
Source:
Magnorumrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:15PM
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 Freedom Realty
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Investment Insights
Based on property information with market context.
This 1,980-square-foot office unit was built in 1960 and is arranged with multiple rooms, described as approximately 6–8 offices. A kitchen is also part of the space, providing an additional functional area within the office layout.
The property is at 209 Bennett Street in Bossier City’s East Bank District, in North Bossier. Yard space and parking are available on site.
The property is at 209 Bennett Street in Bossier City’s East Bank District, in North Bossier. Yard space and parking are available on site.
Key Highlights
- 1,980‑square‑foot office unit
- Approximately 6–8 rooms or offices
- Kitchen included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,540
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,800
$390.8K
Cap Rate 7%
$279,143
$279.1K
Cap Rate 9%
$217,111
$217.1K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$30.7K $15.48/SF
− Vacancy
−$4.6K −$2.32/SF
EGI
$26.1K $13.16/SF
− OpEx
−$6.5K −$3.29/SF
NOI
$19.5K $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 Rate 5%
$390,800
Cap Rate 7%
$279,143
Cap Rate 9%
$217,111
Alternative Uses
Best Use
Office B
$279.1K
$244.3K – $325.7K
NOI $19,540 @ 7.0% cap · market cap 977.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.0K
$294.9K – $393.2K
NOI $23,593 @ 7.0% cap · market cap 1,179.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
8
Office units
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Includes a kitchen, outdoor yard area, and parking for office operations.
Where is this office unit located?
The property is located at 209 Bennett Street Bossier City, LA.
What are key features of this property?
This property features: 1,980‑square‑foot office unit; Approximately 6–8 rooms or offices; Kitchen included
