246 E 70th Street, Shreveport, LA 71106
Commercial property with a history as a thriving business location.
- Added:
- Feb 20, 2026
- Days on Market:
- 127
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 246 E 70th Street
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Special Purpose
Listing office CENTURY 21 Elite
Listing date Feb 20, 2026
Source Crexi
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 CENTURY 21 Elite
HighLights
- High‑traffic location next to I‑49 & E 70th and across from a gas station.
- Established business location with a 30+ year history.
- Roof replaced in 2019.
- Favorable offer may allow for owner repairs.
- Previously home to a well‑known daiquiri store.
- Relocation creates immediate availability.
Overview
Local Financial Insights For Specialty Retail
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 | $31.2k | $15.60 |
| − Vacancy | −$1.6k | −$0.78 |
| EGI | $29.6k | $14.82 |
| − OpEx | −$7.4k | −$3.70 |
| NOI | $22.2k | $11.11 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- The Tap Room — 6301 Line Ave, Shreveport, LA 71106
- The Vickie Roberson Theatre — 233 E 67th St, Shreveport, LA 71106
- Line Ave. Pie & Brew Co. — 6301 Line Ave, Shreveport, LA 71106
- Vintage Wine Bar & Spirits — 6535 Line Ave #150, Shreveport, LA 71106
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.75401
- Latitude
- 32.44228