Shreveport Collision Repair Investment
For Sale
Contact for pricing
2575 E 70th St, Shreveport, LA 71105
Two STNL Gerber Collision & Glass locations for sale.
Property Size12,720 SF
Price / SF$180.82
Days on Market986
Property Features for 2575 E 70th St
General Information
Standard status
Active
Size
12,720 SF
Property subtype
Retail
Zoning
C-3
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$149,055
Building Details
Year Built
2000
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
KW Commercial NWLA
(318) 213-1555
Listed By:
Trenton Siskron · License #LA 0995687110
Source:
Crexi
Added: Nov 30, 2023
Changed: Aug 9
Last Checked: Aug 11 at 7:11AM
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 KW Commercial NWLA
Investment Insights
Based on property information with market context.
Two STNL Gerber Collision & Glass locations are available for sale in the Shreveport-Bossier City, Louisiana market. The tenant, Gerber, recently replaced the roofing systems at both locations, with each system having a 20-year warranty that started in January 2024. Gerber is one of the operating subsidiaries of Boyd Group Services, Inc. The Boyd Group is one of the largest operators of non-franchised collision repair facilities in North America. The company is on track to double in size by 2025, based on the FY2019 constant currency basis. Prior to being purchased by Gerber, the Shreveport and Bossier stores operated as CBS Collision. Gerber was able to acquire a solid cashflow operation, as well as secure two leases at rental rates. Utilizing CBS’ trailing and projected store sales prior to the Gerber purchase, Gerber’s current rent-to-sales ratio is estimated to be between 4.0% and 5.5% for both stores. Both Gerber stores have significantly higher profit margin potential than most retail sales businesses and/or the ability to absorb potential short-term fluctuations in the local collision repair industry. With both stores having prime retail locations, as well as substantially low rent-to-sales ratios, an investor has the opportunity to invest in two, high-quality properties leased to a collision industry leader with over twenty-eight years of the combined primary term and four (4) 5-year options. In addition, the leases provide an investor 10% rental increases every five years, including during the option periods. One of the locations is at 2575 E 70th St, Shreveport, LA 71105, and the other is at 3319 East Texas Street, Bossier City, LA 71111. The property size is 12720 square feet.
Key Highlights
- STNL property leased to Gerber Collision & Glass.
- Below‑market rental rates providing higher profit margin potential.
- Prime retail locations in Shreveport‑Bossier City, Louisiana.
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
$126,081
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
5.48%
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%
$2,521,620
$2.5M
Cap Rate 7%
$1,801,157
$1.8M
Cap Rate 9%
$1,400,900
$1.4M
Market Conditions
NOI Build-Up for 12,720 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
$190.8K $15.00/SF
− Vacancy
−$10.7K −$0.84/SF
EGI
$180.1K $14.16/SF
− OpEx
−$54.0K −$4.25/SF
NOI
$126.1K $9.91/SF
Area
Shreveport, LA
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,521,620
Cap Rate 7%
$1,801,157
Cap Rate 9%
$1,400,900
Alternative Uses
Best Use
Retail
$1.80M
$1.58M – $2.10M
NOI $126,081 @ 7.0% cap · market cap 5.48%
Second Best
Industrial
$1.14M
$995.8K – $1.33M
NOI $79,666 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$2.68M
$2.35M – $3.13M
NOI $187,930 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71105, LA
21,308
Population
11,139
Households
1.9
Avg Household Size
38
Median Age
45%
College-Educated
95%
High-School Grad
9.5 sq mi
ZIP Area
2,243
Density / Sq Mi
$66,758
Median Household Income
$48,396
Median Earnings
$1,247
Median Rent
$216,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- G&C Honda / G&C Marine — 2415 E 70th St, Shreveport, LA 71105
- Cbs Collision — Springlake, University Terrace, LA 71105
- Honda Service — 2415 E 70th St, Shreveport, LA 71105
- Shreveport Cycles — 2529 E 70th St, Shreveport, LA 71105
- Gerber Collision & Glass — 2575 E 70th St, Shreveport, LA 71105
Frequently Asked Questions
What type of property is this?
Auto shop - Two STNL Gerber Collision & Glass locations for sale.
Where is this auto shop located?
The property is located at 2575 E 70th St Shreveport, LA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: STNL property leased to Gerber Collision & Glass.; Below‑market rental rates providing higher profit margin potential.; Prime retail locations in Shreveport‑Bossier City, Louisiana.
