Divisible Medical Office
2205 E 70th Street Shreveport, LA 71105
2205 E 70th Street, Shreveport, LA, 71105
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For Sale
Contact for pricing
Divisible office building with C-1 zoning and generous surface parking, suited for single or multiple professional tenants.
Property Size10,185 SF
Price / SF$188.51
Days on Market135
Property Features for 2205 E 70th Street
General Information
- Standard status
- Active
- Size
- 10,185 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing agency
Vintage Realty Company
(318) 222-2244
Listed by
Michele Sauls · License #LA BROK.0000011862.A -ASA
Source
Crexi
Added: Mar 10 Updated: Jul 22 at 4:14PM Checked: Jul 22 at 4:14PM
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 office building offers flexible configurations for a single medical practice or multiple professional tenants. The property is divisible and includes a total footprint of 10,185 square feet, supported by generous surface parking. It is offered for sale with C-1 zoning, which supports a wide range of medical and professional uses and can serve both owner-occupants and investors.
The building is positioned at the signalized intersection of East 70th Street and Bert Kouns Industrial Loop, providing visibility along a high-traffic corridor. It is described as being within minutes of major hospitals and numerous specialty clinics, offering convenience for healthcare users.
The combination of divisibility, office configuration flexibility, and available parking makes the property adaptable for different professional tenant layouts while remaining in a single, C-1 zoned building.
The building is positioned at the signalized intersection of East 70th Street and Bert Kouns Industrial Loop, providing visibility along a high-traffic corridor. It is described as being within minutes of major hospitals and numerous specialty clinics, offering convenience for healthcare users.
The combination of divisibility, office configuration flexibility, and available parking makes the property adaptable for different professional tenant layouts while remaining in a single, C-1 zoned building.
Key Highlights
- Divisible office building suited for a single medical practice or multiple professional tenants
- 10,185 SF footprint with divisibility for flexible layouts
- C‑1 zoning supporting a wide range of medical and professional uses
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 | $183.3k | $18.00 |
| − Vacancy | −$29.3k | −$2.88 |
| EGI | $154.0k | $15.12 |
| − OpEx | −$38.5k | −$3.78 |
| NOI | $115.5k | $11.34 |
10,185 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.92M
NOI $115,498 @ 7.0% cap · market cap 6.02%
Second Best
Healthcare Medical
$1.64M
$1.43M – $1.91M
NOI $114,691 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,477 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Moufarrej Nabil A MD
Physician
Neurology & Sleep Clinic
Medical Clinic
Rebecca Berry
Physician
Similar For Sale Nearby
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- Towne South Animal Hospital — 2403 E 70th St, Shreveport, LA 71105
- University Veterinary Hospital — 7700 E Kings Hwy, Shreveport, LA 71115
- University Veterinary Hospital: Jarrell Shannon L DVM — 7700 E Kings Hwy, Shreveport, LA 71115
- Foret Catherine P DVM — 7700 E Kings Hwy, Shreveport, LA 71115, United States
- McIntyre Reg DVM — 2403 e 70th st, shreveport, la 71105
FAQs
What type of property is this?
Medical Office Space - Divisible office building with C-1 zoning and generous surface parking, suited for single or multiple professional tenants.
Where is this medical office space located?
The property is located at 2205 E 70th Street Shreveport, LA.
What is the asking price?
The asking price for this property is $1,920,000.
What are key features of this property?
This property features: Divisible office building suited for a single medical practice or multiple professional tenants; 10,185 SF footprint with divisibility for flexible layouts; C‑1 zoning supporting a wide range of medical and professional uses
