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Two-Unit Strip Center
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3489 Swan Lake Road #B, Bossier City, LA 71111

Newly built retail space offers two remaining units for lease in a strip center.

Property Size4,500 SF
Price / SF$0.78
Days on Market2

Property Features for 3489 Swan Lake Road #B

General Information

Standard status Active
Size 4,500 SF
Property subtype Commercial

Building Details

Year Built 2024
Listing Agency: Century 21 Elite
Listed By: Tina Balentine · License #0995683955
Source: Dallasandbeyond
Added: Oct 30 Last Checked: Oct 30 at 3:24PM

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

Rey
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Investment Insights

Based on property information with market context.

A 4,500-square-foot strip center completed in 2024 has two units available for retail use. The property is located at 3489 Swan Lake Road in Bossier City, Louisiana.

Key Highlights

  • 4,500 SF strip center
  • Two units remain available
  • Built in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,118
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,360 $582.4K
Cap Rate 7%
$415,971 $416.0K
Cap Rate 9%
$323,533 $323.5K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$43.7K $9.72/SF
− Vacancy
−$2.1K −$0.48/SF
EGI
$41.6K $9.24/SF
− OpEx
−$12.5K −$2.77/SF
NOI
$29.1K $6.47/SF
Area
Bossier County, LA
Vacancy
4.90%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,360
Cap Rate 7%
$415,971
Cap Rate 9%
$323,533

Alternative Uses

Best Use
Retail
$416.0K
$364.0K – $485.3K (±1% cap)
NOI $29,118 @ 7.0% cap · market cap 831.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$766.0K
$670.3K – $893.7K (±1% cap)
NOI $53,622 @ 7.0% cap · market cap 1,532.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Auto Repair Shop Garden Center Accounting Firm Wine and Liquor Store

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

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Newly built retail space offers two remaining units for lease in a strip center.
Where is this strip mall located?
The property is located at 3489 Swan Lake Road #B Bossier City, LA.
What are key features of this property?
This property features: 4,500 SF strip center; Two units remain available; Built in 2024
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Includes: Price & PSF · Cap rate · Location · Zoning

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