East Side Plaza Shopping
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7460 Youree Dr, Shreveport, LA 71105
C-3 zoning supports medium- to large-scale regional commercial center development with retail, restaurant, and service-oriented tenant uses.
Property Size78,761 SF
Price / SF$152.99
Days on Market7
Property Features for 7460 Youree Dr
General Information
Standard status
Active
Size
78,761 SF
Class
B
Total Parking Spaces
441
Property subtype
Retail
Zoning
C-3; General Commercial Zoning accommodates medium- to large-scale regional commercial centers
Occupancy
98%
Investment Type
Stabilized
Net Operating Income
$903,510
Site & Location
Anchor Co-Tenants
Michaels, Dollar Tree, Guitar Center
Traffic Count
32,000 vehicles/day
Building Details
Year Built
2004
Units
14
Tenancy
Multi
Listing Agency:
Newmark - Atlanta - 3455 Peachtree Road
Listed By:
Mark Joines · License #GA 321958
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 3 at 5:05AM
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 Newmark - Atlanta - 3455 Peachtree Road
Investment Insights
Based on property information with market context.
East Side Plaza is a 78,761-square-foot shopping center completed in 2004 and currently 98% occupied. The property is shadow-anchored by Sam’s Club and includes Michaels, Dollar Tree, and Guitar Center as principal anchors. Its tenant lineup also includes restaurants, retailers, and service businesses such as Tropical Smoothie Café, Cato, Sally Beauty, and Generator Supercenter.
The center occupies a position along Youree Drive in Shreveport, where traffic exceeds 32,000 vehicles per day. Nearby employment destinations include Louisiana State University (Shreveport), Pierrepont Medical Center, and Christus Bossier Highland Medical Center. The surrounding 3-mile area has average household income exceeding $95,000, while the 10-mile population totals 246,000 residents. C-3 General Commercial zoning accommodates medium- to large-scale regional commercial centers.
The center occupies a position along Youree Drive in Shreveport, where traffic exceeds 32,000 vehicles per day. Nearby employment destinations include Louisiana State University (Shreveport), Pierrepont Medical Center, and Christus Bossier Highland Medical Center. The surrounding 3-mile area has average household income exceeding $95,000, while the 10-mile population totals 246,000 residents. C-3 General Commercial zoning accommodates medium- to large-scale regional commercial centers.
Key Highlights
- 78,761 SF shopping center built in 2004
- 98% occupied with Sam’s Club shadow anchorage
- Anchors include Michaels, Dollar Tree, and Guitar Center
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.18M | $15.00 |
| − Vacancy | −$66.2k | −$0.84 |
| EGI | $1.12M | $14.16 |
| − OpEx | −$334.6k | −$4.25 |
| NOI | $780.7k | $9.91 |
78,761 SF · lease $15.00/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$11.15M
$9.76M – $13.01M
NOI $780,679 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.62M
$14.55M – $19.39M
NOI $1,163,647 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
32,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Millicent Park Place — 1460 E Bert Kouns Industrial Loop, Shreveport, LA 71105
- Regal Court Shopping Center — 7450 youree dr, shreveport, la 71105
- Campus Walk Shopping Center — 8510 Youree Dr, Shreveport, LA 71115
- East Side Plaza — 7460 Youree Dr, Shreveport, LA 71105
- Walmart Plaza — Shreveport, LA 71115
Frequently Asked Questions
What type of property is this?
Shopping center - C-3 zoning supports medium- to large-scale regional commercial center development with retail, restaurant, and service-oriented tenant uses.
Where is this shopping center located?
The property is located at 7460 Youree Dr Shreveport, LA.
What is the asking price?
The asking price for this property is $12,050,000.
What are key features of this property?
This property features: 78,761 SF shopping center built in 2004; 98% occupied with Sam’s Club shadow anchorage; Anchors include Michaels, Dollar Tree, and Guitar Center
