Office Suite with
New
For Sale
Contact for pricing
417 Lake Street, Shreveport, LA 71101
A flexible layout combines private office, open work or retail area, conference room, and support spaces.
Property Size3,329 SF
Price / SF$1.32
Days on Market2
Property Features for 417 Lake Street
General Information
Standard status
Active
Size
3,329 SF
Property subtype
Commercial
Site & Location
Neighborhood
Central Business District
Additional Details
Condition
Built-Out
Property Use
Office/Retail
Amenities
breakroom
conference room
ADA restrooms
storage
Building Details
Year Built
2015
Listing Agency:
Walker-Alley & Associates
(318) 222-2022
Listed By:
Danielle Cummings · License #0995687005
(318) 572-7926
Source:
Dallasandbeyond
Added: Oct 30
Last Checked: Oct 30 at 3:26PM
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 Walker-Alley & Associates
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Investment Insights
Based on property information with market context.
This 3,329-square-foot office suite has an entry reception area, a private office, and open space suited to office or retail use. Additional features include a conference room, breakroom, storage, and two ADA restrooms. The building was constructed in 2015, and a large parking lot is located behind the space.
On Lake Street in downtown Shreveport, the surrounding area includes storefront offices, retail businesses, artist studios, and light industrial tenants. Downtown Development Authority support extends to downtown tenants and building owners.
On Lake Street in downtown Shreveport, the surrounding area includes storefront offices, retail businesses, artist studios, and light industrial tenants. Downtown Development Authority support extends to downtown tenants and building owners.
Key Highlights
- 3,329‑square‑foot office suite
- Reception area, private office, and open office or retail space
- Conference room, breakroom, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,997
Suggested Prices Based on Cap Rates
Cap Rate 5%
$659,940
$659.9K
Cap Rate 7%
$471,386
$471.4K
Cap Rate 9%
$366,633
$366.6K
Market Conditions
NOI Build-Up for 3,329 SF
Gross rent
$49.9K $15.00/SF
− Vacancy
−$2.8K −$0.84/SF
EGI
$47.1K $14.16/SF
− OpEx
−$14.1K −$4.25/SF
NOI
$33.0K $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%
$659,940
Cap Rate 7%
$471,386
Cap Rate 9%
$366,633
Alternative Uses
Best Use
Office B
$539.3K
$471.9K – $629.2K
NOI $37,751 @ 7.0% cap · market cap 857.98%
Second Best
Retail
$471.4K
$412.5K – $550.0K
NOI $32,997 @ 7.0% cap · market cap 749.93%
Theoretical Best
Office A
$702.6K
$614.8K – $819.7K
NOI $49,184 @ 7.0% cap · market cap 1,117.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,527
Businesses Nearby
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Business Placement
Demographics for 71101, LA
6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible layout combines private office, open work or retail area, conference room, and support spaces.
Where is this office unit located?
The property is located at 417 Lake Street Shreveport, LA.
What are key features of this property?
This property features: 3,329‑square‑foot office suite; Reception area, private office, and open office or retail space; Conference room, breakroom, and storage
