New Construction Office
For Sale
Contact for pricing
6912 Fern Loop, Shreveport, LA 71105
Class A office space for sale in Shreveport, Louisiana.
Property Size10,630 SF
Price / SF$178.74
Days on Market1304
Property Features for 6912 Fern Loop
General Information
Standard status
Active
Size
10,630 SF
Class
A
Property subtype
Office
Zoning
C-3
Lease Type
NNN
Site & Location
Neighborhood
Pierremont
Building Details
Year Built
2020
Buildings
1
Stories
1
Listing Agency:
Beth King Real Estate, LLC
Listed By:
Beth King · License #LA 995706795
(318) 453-6066
Source:
Crexi
Added: Apr 5, 2023
Changed: Oct 25
Last Checked: Oct 28 at 7:48AM
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 Beth King Real Estate, LLC
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Investment Insights
Based on property information with market context.
Located in southeast Shreveport, 6912 Fern Loop is a Class "A" new construction project. Suites B-D offer 10,630 square feet of contiguous rentable/usable space within the 19,830 square foot building. An additional 976 square feet of covered open area and walkway are located on the western end of the building. Suite B and C are each 2,359 square feet, while suite D is 5,912 square feet. The property offers the opportunity to design custom spaces within an existing building on a developed site with parking and landscaping. Portions of the interior slab are open to facilitate plumbing installation. The space is suitable for various business needs, and a buyer can purchase all or a portion of the available area.
Key Highlights
- New Class "A" construction in desirable southeast Shreveport location.
- Significant cost and time savings by avoiding land acquisition and exterior construction.
- Opportunity to customize interior space(s) to specific needs.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,544
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,410,880
$2.4M
Cap Rate 7%
$1,722,057
$1.7M
Cap Rate 9%
$1,339,378
$1.3M
Market Conditions
NOI Build-Up for 10,630 SF
Gross rent
$191.3K $18.00/SF
− Vacancy
−$30.6K −$2.88/SF
EGI
$160.7K $15.12/SF
− OpEx
−$40.2K −$3.78/SF
NOI
$120.5K $11.34/SF
Area
Shreveport, LA
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,410,880
Cap Rate 7%
$1,722,057
Cap Rate 9%
$1,339,378
Alternative Uses
Best Use
Office B
$1.72M
$1.51M – $2.01M
NOI $120,544 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $157,052 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Explore this area
Business Placement
Demographics for 71105, LA
21,308
Population
11,139
Households
1.9
Avg Household Size
38
Median Age
45%
College-Educated
95%
High-School Grad
9.5 sq mi
ZIP Area
2,243
Density / Sq Mi
$66,758
Median Household Income
$48,396
Median Earnings
$1,247
Median Rent
$216,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Class A office space for sale in Shreveport, Louisiana.
Where is this office unit located?
The property is located at 6912 Fern Loop Shreveport, LA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: New Class "A" construction in desirable southeast Shreveport location.; Significant cost and time savings by avoiding land acquisition and exterior construction.; Opportunity to customize interior space(s) to specific needs.
