Single-Tenant NNN Walgreens with
3124 Line Ave Shreveport, LA 71104
New
For Sale
$2,500,000
Single-tenant Walgreens on a signalized hard corner featuring a drive-thru and a corporate-guaranteed long-term lease.
Days on Market5
Property Features for 3124 Line Ave
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2000
Listing Agency:
Faris Lee Investments
(949) 412-1616
Listed By:
Jeff Conover · License #CalDRE #01008195
(949) 412-1616
Source:
Farislee
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 28 at 5:59AM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
This single-tenant Walgreens property is offered as a triple-net (NNN) investment with a corporate-guaranteed lease. The asset includes drive-thru service and is structured for passive management under a long-term operating history, with a recent lease extension noted in the remarks.
The property is positioned on a prime signalized hard corner at 3124 Line Ave, Shreveport, LA 71104. The remarks also note the location is across the street from a high school.
As presented in the offering materials, Walgreens is the sole tenant, and the lease is identified as long term with an extension. This combination of single-tenant NNN structure, corporate guarantee, and drive-thru configuration is intended to support predictable occupancy for investors seeking a net lease asset.
The property is positioned on a prime signalized hard corner at 3124 Line Ave, Shreveport, LA 71104. The remarks also note the location is across the street from a high school.
As presented in the offering materials, Walgreens is the sole tenant, and the lease is identified as long term with an extension. This combination of single-tenant NNN structure, corporate guarantee, and drive-thru configuration is intended to support predictable occupancy for investors seeking a net lease asset.
Key Highlights
- Single‑tenant Walgreens with drive‑thru on a signalized hard corner
- Corporate‑guaranteed lease (Walgreens); single‑tenant triple net (NNN) investment
- Long‑term operating history with a recent lease extension
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- R X Medical — 3825 Gilbert Dr, Shreveport, LA 71104
- Walgreens Pharmacy — 3124 Line Ave, Shreveport, LA 71104
- Edmond Ducote — 3124 Line Ave, Shreveport, LA 711044240
- Christopher Lacour — 3124 Line Ave, Shreveport, LA 711044240
- Brenda Legaux — 3124 Line Ave, Shreveport, LA 711044240
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens on a signalized hard corner featuring a drive-thru and a corporate-guaranteed long-term lease.
Where is this drug store located?
The property is located at 3124 Line Ave Shreveport, LA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Single‑tenant Walgreens with drive‑thru on a signalized hard corner; Corporate‑guaranteed lease (Walgreens); single‑tenant triple net (NNN) investment; Long‑term operating history with a recent lease extension
