Glass-Front Retail
For Sale
Contact for pricing
3707 Lakeshore Drive #2016, Shreveport, LA 71109
The open suite fronts Jewella Avenue within a multi-tenant strip center.
Property Size44,972 SF
Price / SF$0.04
Days on Market12
Property Features for 3707 Lakeshore Drive #2016
General Information
Standard status
Active
Size
44,972 SF
Property subtype
Retail
Site & Location
Neighborhood
Country Club
Corner Location
Yes
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1960
Tenancy
Multi
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 4:13PM
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 Magnorum Realty Services, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite #2016 is a retail space with a glass storefront and an open interior. It is positioned on the Jewella Avenue side of a strip center at the corner of Lakeshore Drive and Jewella Avenue in Shreveport.
The center includes a furniture store and a grocery store among its tenants, with parking on site. The property is near I-20 and I-49.
The center includes a furniture store and a grocery store among its tenants, with parking on site. The property is near I-20 and I-49.
Key Highlights
- Open interior with a glass storefront
- Jewella Avenue‑facing suite in a center at Lakeshore Drive and Jewella Avenue
- Furniture and grocery stores are tenants in the center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$445,762
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,915,240
$8.9M
Cap Rate 7%
$6,368,029
$6.4M
Cap Rate 9%
$4,952,911
$5.0M
Market Conditions
NOI Build-Up for 44,972 SF
Gross rent
$674.6K $15.00/SF
− Vacancy
−$37.8K −$0.84/SF
EGI
$636.8K $14.16/SF
− OpEx
−$191.0K −$4.25/SF
NOI
$445.8K $9.91/SF
Area
Shreveport, LA
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,915,240
Cap Rate 7%
$6,368,029
Cap Rate 9%
$4,952,911
Alternative Uses
Best Use
Retail
$6.37M
$5.57M – $7.43M
NOI $445,762 @ 7.0% cap · market cap 27,860.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.49M
$8.31M – $11.07M
NOI $664,434 @ 7.0% cap · market cap 41,527.13%
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
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 71109, LA
18,414
Population
9,099
Households
2
Avg Household Size
39
Median Age
14%
College-Educated
83%
High-School Grad
12.8 sq mi
ZIP Area
1,439
Density / Sq Mi
$31,309
Median Household Income
$25,695
Median Earnings
$896
Median Rent
$91,800
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
Frequently Asked Questions
What type of property is this?
Retail space - The open suite fronts Jewella Avenue within a multi-tenant strip center.
Where is this retail space located?
The property is located at 3707 Lakeshore Drive #2016 Shreveport, LA.
What are key features of this property?
This property features: Open interior with a glass storefront; Jewella Avenue‑facing suite in a center at Lakeshore Drive and Jewella Avenue; Furniture and grocery stores are tenants in the center
