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Five-Unit Retail Strip Center
New
For Sale
$450,000

315 Pierre Avenue, Shreveport, LA 71101

The center offers flexible leasing, with the owner willing to make repairs if spaces are leased.

Property Size5,360 SF
Price / SF$83.96
Days on Market4

Property Features for 315 Pierre Avenue

General Information

Standard status Active
Size 5,360 SF
Property subtype Commercial
Zoning B-3

Property Condition

Severity Repairs Needed
Evidence NEED SOME REPAIRS

Site & Location

Neighborhood Allendale

Building Details

Building Size 5,360 SF
Year Built 1960
Stories 1
Units 5
Tenancy Multi
Listing Agency: Freedom Realty
Listed By: Donna Tidwell · License #0099564546
Source: Cogburnrealestate
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 5:42PM

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 Freedom Realty

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Investment Insights

Based on property information with market context.

A five-unit retail strip center at 315 Pierre Avenue includes a store equipped with a vent hood. The property dates to 1960 and contains 5,360 square feet. It is offered for sale in as-is condition, and individual spaces are also available for lease. The owner is willing to complete repairs if the property is leased.

Zoned B-3, the center is located in Shreveport, Louisiana.

Key Highlights

  • Five units in a 5,360‑square‑foot strip center
  • Store unit includes a vent hood
  • Built in 1960

Property Analytics

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Current Use

Fil-A-Sak Restaurant

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Cafe & Coffee Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 71101, LA

6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - The center offers flexible leasing, with the owner willing to make repairs if spaces are leased.
Where is this strip mall located?
The property is located at 315 Pierre Avenue Shreveport, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Five units in a 5,360‑square‑foot strip center; Store unit includes a vent hood; Built in 1960
More about this property
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