Retail Building on Youree
For Sale
Contact for pricing
3507 Youree Dr, Shreveport, LA
Retail building with office, reception, restroom, and kitchen.
Property Size1,615 SF
Lot Size0.23 Acres
Price / SF$154.80
Days on Market260
Property Features for 3507 Youree Dr
General Information
Standard status
Active
Size
1,615 SF
Lot size
0.23 Acres
Property subtype
RETAIL
Listing Agency:
Gibbs Group Commercial Real Estate, LLC
(318) 347-4584
Listed By:
Eric Gibbs · License #995716664
(318) 347-4584
Source:
Moodyscre
Added: Nov 14, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:56AM
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 1,615 square foot retail building is in excellent condition and benefits from high visibility and traffic. The layout includes one office, a receptionist/lobby area, one restroom, and a kitchen/breakroom. The property is located on Youree Drive in Shreveport, LA.
Key Highlights
- Excellent location
- High traffic count
- Building in excellent condition
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.2k | $15.00 |
| − Vacancy | −$1.4k | −$0.84 |
| EGI | $22.9k | $14.16 |
| − OpEx | −$6.9k | −$4.25 |
| NOI | $16.0k | $9.91 |
1,615 SF · lease $15.00/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$228.7K
$200.1K – $266.8K
NOI $16,008 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$340.9K
$298.3K – $397.7K
NOI $23,861 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building with office, reception, restroom, and kitchen.
Where is this retail space located?
The property is located at 3507 Youree Dr Shreveport, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Excellent location; High traffic count; Building in excellent condition
