Corner Retail
For Sale
Contact for pricing
3707 Lakeshore Drive #3707, Shreveport, LA 71109
Positioned in a multi-unit strip center along Jewella Avenue in Shreveport.
Property Size44,972 SF
Price / SF$0.04
Days on Market12
Property Features for 3707 Lakeshore Drive #3707
General Information
Standard status
Active
Size
44,972 SF
Property subtype
Retail
Site & Location
Neighborhood
Country Club
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 3:44PM
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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Investment Insights
Based on property information with market context.
This retail space occupies a corner position within a multi-unit strip center and was formerly used as a retail shop. The space is estimated at 1,500 square feet; the measurement should be verified before a lease is signed.
The property faces Jewella Avenue in Shreveport, Louisiana.
The property faces Jewella Avenue in Shreveport, Louisiana.
Key Highlights
- Corner unit in a multi‑unit strip center
- Estimated 1,500 square feet; verify measurement before lease signing
- Faces Jewella Avenue in Shreveport, Louisiana
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 24,764.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.49M
$8.31M – $11.07M
NOI $664,434 @ 7.0% cap · market cap 36,913.00%
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Positioned in a multi-unit strip center along Jewella Avenue in Shreveport.
Where is this retail space located?
The property is located at 3707 Lakeshore Drive #3707 Shreveport, LA.
What are key features of this property?
This property features: Corner unit in a multi‑unit strip center; Estimated 1,500 square feet; verify measurement before lease signing; Faces Jewella Avenue in Shreveport, Louisiana
