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Multi-Suite Downtown Retail Space
For Lease
$13 SF/Yr

509 Market St, Shreveport, LA 71101

Three ground-level commercial spaces are part of a residential building with 72 apartments above.

Space SizeContact for details
Days on Market14

Property Features for 509 Market St

General Information

Standard status Active
Property subtype Retail
Zoning D-1-E
Lease Type Gross

Amenities

Power
Water
Sewer

Building Details

Year Built 1910
Tenancy Multi-Tenant

Spaces For Lease

at 509 Market St Contact us

Available Space $20/Mo

Contact us

Available Space $13/Mo

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Listing Agency: Nicholls Real Estate Advisors, LLC
Listed By: Luke Nicholls
Source: Lacdb.resimplifi
Added: Oct 1 Changed: Oct 13 Last Checked: Oct 13 at 2:38AM

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 Nicholls Real Estate Advisors, LLC

Investment Insights

Based on property information with market context.

Three commercial suites occupy the first floor of the Standard 509 Apartments at 509 Market St. The spaces vary in size and are offered with build-to-suit and tenant improvement options. The building dates to 1910 and is zoned D-1-E.

The property stands at the Texas Street and Market Street intersection in downtown Shreveport. Its residential component includes 72 apartments within the same building.

Key Highlights

  • Three first‑floor commercial suites of varying sizes
  • Located within a building containing 72 apartments
  • At the corner of Texas Street and Market Street in downtown Shreveport

Property Analytics

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Current Use

Blewer Julia E Law Firm The Standard Apartments Real Estate Agency Affordable Dentist Brooklyn Dental Office Shreveport NW Louisiana ... City Government Office Quattro Studios LLC Film Production

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Locksmith Pharmacy Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Shreveport, LA

$13.07 /SF/Yr
Avg Asking Price
$2.26–$31 /SF/Yr
Price Range
43,107 SF
Avg Space Size

This space is priced 1% below the average of $13.07 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Three ground-level commercial spaces are part of a residential building with 72 apartments above.
Where is this retail space located?
The property is located at 509 Market St Shreveport, LA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Three first‑floor commercial suites of varying sizes; Located within a building containing 72 apartments; At the corner of Texas Street and Market Street in downtown Shreveport
More about this property
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