Medical Office Suite with Dental
For Sale
$565,000
4438 Viking Dr Ste 100, Bossier City, LA 71111
Configured with reception, dental offices, private offices, bathrooms, and support areas for professional occupancy.
Property Size2,193 SF
Price / SF$257.64
Days on Market247
Property Features for 4438 Viking Dr Ste 100
General Information
Standard status
Active
Size
2,193 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2008
Listing Agency:
Osborn Hays Real Estate, LLC
(318) 603-3641
Listed By:
Emily Hays · License #0995712284
Source:
Northtexashomeguide
Added: Dec 27, 2025
Changed: Aug 31
Last Checked: Aug 30 at 6:19PM
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 Osborn Hays Real Estate, LLC
Investment Insights
Based on property information with market context.
Located at 4438 Viking Dr Ste 100 in Bossier City, this 2193 SF medical office suite was built in 2008 and arranged for dental or professional use. The interior includes a reception area, 4 dental offices, 2 private offices, 2 bathrooms, and additional support space.
The property is positioned near I-220 and provides access to major roadways. On-site parking supports patient, staff, and visitor access. Medical equipment may remain with the property or be removed, depending on the selected configuration. The owner is also open to leasing the suite.
The property is positioned near I-220 and provides access to major roadways. On-site parking supports patient, staff, and visitor access. Medical equipment may remain with the property or be removed, depending on the selected configuration. The owner is also open to leasing the suite.
Key Highlights
- 2193 SF medical office suite built in 2008
- 4 dental offices, 2 private offices, and 2 bathrooms
- Reception area and support spaces included
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
$21,642
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
3.83%
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%
$432,840
$432.8K
Cap Rate 7%
$309,171
$309.2K
Cap Rate 9%
$240,467
$240.5K
Market Conditions
NOI Build-Up for 2,193 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
$33.9K $15.48/SF
− Vacancy
−$5.1K −$2.32/SF
EGI
$28.9K $13.16/SF
− OpEx
−$7.2K −$3.29/SF
NOI
$21.6K $9.87/SF
Area
Bossier County, LA
Vacancy
15.00%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
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%
$432,840
Cap Rate 7%
$309,171
Cap Rate 9%
$240,467
Alternative Uses
Best Use
Office B
$309.2K
$270.5K – $360.7K
NOI $21,642 @ 7.0% cap · market cap 3.83%
Second Best
Healthcare Medical
$249.5K
$218.3K – $291.1K
NOI $17,466 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$373.3K
$326.7K – $435.5K
NOI $26,132 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Viking Drive Veterinary Hospital — 4250 Viking Dr, Bossier City, LA 71111
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with reception, dental offices, private offices, bathrooms, and support areas for professional occupancy.
Where is this medical office space located?
The property is located at 4438 Viking Dr Ste 100 Bossier City, LA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 2193 SF medical office suite built in 2008; 4 dental offices, 2 private offices, and 2 bathrooms; Reception area and support spaces included
