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Updated Office Unit
For Lease
$2,400/Mo

5244 N Market Street, Shreveport, LA 71107

Updated commercial space with a new roof, HVAC, flooring, and kitchen area.

Space SizeContact for details
Days on Market744

Property Features for 5244 N Market Street

General Information

Standard status Active
Property subtype Retail
Zoning BLANCHARD COMMERCIAL
Lease Type Gross

Amenities

Water
Sewer

Spaces For Lease

at 5244 N Market Street Contact us

Available Space $2,400/Mo

Contact us
Listing Agency: I AM Real Estate
Listed By: Jayne Tappe · License #0995704301
Source: Lacdb.resimplifi
Added: Aug 19, 2024 Changed: Aug 31 Last Checked: Aug 31 at 12:49PM

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 I AM Real Estate

Investment Insights

Based on property information with market context.

This 2,100-square-foot office unit occupies a former residential home that has been renovated for commercial use. Improvements include a new roof, HVAC system, flooring, and kitchen area, creating a refreshed setting for professional office operations and other stated commercial applications.

The property is located at 5244 N Market Street in Shreveport, Louisiana, with direct access from North Market. Zoning is identified as BLANCHARD COMMERCIAL. The owner also indicates that parcels on either side are available, providing additional nearby property options.

Key Highlights

  • 2,100 square feet of updated commercial space
  • New roof, HVAC, flooring, and kitchen area
  • Former residential home renovated for commercial use

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Law Firm Hair Salon Big Box & Wholesale 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
$2.06 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 71107, LA

31,311
Population
13,636
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
137.2 sq mi
ZIP Area
228
Density / Sq Mi
$48,114
Median Household Income
$31,075
Median Earnings
$909
Median Rent
$157,000
Median Home Value

Market

Lease Benchmarks for Shreveport, LA

$20.53 /SF/Yr
Avg Asking Price
$2.63–$275 /SF/Yr
Price Range
19,644 SF
Avg Space Size

This space is priced 33% below the average of $20.53 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Updated commercial space with a new roof, HVAC, flooring, and kitchen area.
Where is this office units located?
The property is located at 5244 N Market Street Shreveport, LA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: 2,100 square feet of updated commercial space; New roof, HVAC, flooring, and kitchen area; Former residential home renovated for commercial use
More about this property
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