Auto Shop with Rental-Car
New
For Sale
Contact for pricing
3701 Benton Road, Bossier City, LA 71111
The 2013-built facility supports automotive service and rental-car operations.
Property Size35,456 SF
Price / SF$175.63
Days on Market5
Property Features for 3701 Benton Road
General Information
Standard status
Active
Size
35,456 SF
Class
A
Property subtype
Retail
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$389,201
Building Details
Year Built
2013
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Diego
(858) 373-3184
Listed By:
Alvin Mansour · License #TX 0606255
Source:
Crexi
Added: Aug 27
Changed: Aug 31
Last Checked: Aug 31 at 9:25AM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This 35,456-square-foot auto shop property was built in 2013 and is associated with Caliber Collision and Enterprise Car Rental. The asset combines automotive service use with a rental-car component within a single commercial property.
Located at 3701 Benton Road in Bossier City, Louisiana, the property carries a 71111 ZIP code. The listing title identifies 2% annual bumps as part of the offering terms, providing a defined annual increase structure for consideration alongside the facility’s operating profile.
Located at 3701 Benton Road in Bossier City, Louisiana, the property carries a 71111 ZIP code. The listing title identifies 2% annual bumps as part of the offering terms, providing a defined annual increase structure for consideration alongside the facility’s operating profile.
Key Highlights
- 35,456‑square‑foot auto shop property
- Built in 2013
- Associated with Caliber Collision and Enterprise Car Rental
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
$229,422
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
3.68%
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%
$4,588,440
$4.6M
Cap Rate 7%
$3,277,457
$3.3M
Cap Rate 9%
$2,549,133
$2.5M
Market Conditions
NOI Build-Up for 35,456 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
$344.6K $9.72/SF
− Vacancy
−$16.9K −$0.48/SF
EGI
$327.7K $9.24/SF
− OpEx
−$98.3K −$2.77/SF
NOI
$229.4K $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 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%
$4,588,440
Cap Rate 7%
$3,277,457
Cap Rate 9%
$2,549,133
Alternative Uses
Best Use
Retail
$3.28M
$2.87M – $3.82M
NOI $229,422 @ 7.0% cap · market cap 3.68%
Second Best
Industrial
$2.97M
$2.60M – $3.47M
NOI $208,183 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$6.04M
$5.28M – $7.04M
NOI $422,490 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Dining 1%
Raceway
Shops & Services
27,920 visits/mo
0.1 miles
John Harvey Toyota
Shops & Services
3,459 visits/mo
0.4 miles
Exxon
Shops & Services
3,216 visits/mo
0.5 miles
Enterprise Rent-A-Car
Shops & Services
2,460 visits/mo
0.1 miles
Caliber Collision
Shops & Services
2,011 visits/mo
0.1 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Morgan Buick GMC Bossier Service Department — 2295 Autoplex Dr, Bossier City, LA 71111
- Goodwrench Quick Lube Plus — Autoplex Dr, Bossier City, LA 71111
- Wray Ford Inc Service — 2851 Benton Rd, Bossier City, LA 71111
- Dealer's Hail & Specialty Bossier City — 2296 Autoplex Dr, Bossier City, LA 71111
- Ford Service — Bossier City, LA 71111
Frequently Asked Questions
What type of property is this?
Auto shop - The 2013-built facility supports automotive service and rental-car operations.
Where is this auto shop located?
The property is located at 3701 Benton Road Bossier City, LA.
What is the asking price?
The asking price for this property is $6,227,232.
What are key features of this property?
This property features: 35,456‑square‑foot auto shop property; Built in 2013; Associated with Caliber Collision and Enterprise Car Rental
