Renovated Office/Retail Building For
For Sale
Contact for pricing
2700 Douglas Dr, Bossier City, LA 71111
Fully renovated office/retail building in North Bossier available for sale.
Property Size4,203 SF
Price / SF$148.70
Days on Market195
Property Features for 2700 Douglas Dr
General Information
Standard status
Active
Size
4,203 SF
Property subtype
Hospitality, Mixed Use, Office, Retail
Zoning
B-2
Building Details
Year Built
1968
Year Renovated
2023
Listing Agency:
Gibbs Group Commercial Real Estate, LLC
(318) 347-4584
Listed By:
ERIC GIBBS · License #995716664
Source:
Crexi
Added: Jan 29
Changed: Aug 8
Last Checked: Jul 16 at 3:28AM
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 Gibbs Group Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This fully renovated office/retail building, totaling 4,203 square feet, is available for sale. Located in North Bossier, just off Airline Drive, the property was renovated in 2022. The open layout features vaulted ceilings in the main room, making it suitable for a showroom, physical therapy center, event center, studio, or office. The building includes two restrooms, a kitchen/breakroom, and two offices with the potential to add more office space as needed. There is also ample space for a conference room. The property has eight parking spaces, including handicap accessibility. A loading area on the east side of the property provides additional employee parking.
Key Highlights
- Fully renovated in 2022 with 4,203 sq ft of total space.
- Desirable North Bossier location, conveniently located off Airline Drive.
- Open layout with vaulted ceilings suitable for various uses (showroom, office, etc.).
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
$42,555
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
6.81%
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%
$851,100
$851.1K
Cap Rate 7%
$607,929
$607.9K
Cap Rate 9%
$472,833
$472.8K
Market Conditions
NOI Build-Up for 4,203 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
$75.7K $18.00/SF
− Vacancy
−$7.6K −$1.80/SF
EGI
$68.1K $16.20/SF
− OpEx
−$25.5K −$6.07/SF
NOI
$42.6K $10.13/SF
Area
Bossier County, LA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
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%
$851,100
Cap Rate 7%
$607,929
Cap Rate 9%
$472,833
Alternative Uses
Best Use
Mixed Use
$607.9K
$531.9K – $709.3K
NOI $42,555 @ 7.0% cap · market cap 6.81%
Second Best
Office B
$592.5K
$518.5K – $691.3K
NOI $41,477 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$715.5K
$626.0K – $834.7K
NOI $50,083 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
430
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully renovated office/retail building in North Bossier available for sale.
Where is this mixed-use property located?
The property is located at 2700 Douglas Dr Bossier City, LA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Fully renovated in 2022 with 4,203 sq ft of total space.; Desirable North Bossier location, conveniently located off Airline Drive.; Open layout with vaulted ceilings suitable for various uses (showroom, office, etc.).
