East Side Plaza Shopping
For Sale
Contact for pricing
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 Market52
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%
Lease Type
NNN
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: Sep 11
Last Checked: Sep 18 at 8:29AM
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
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
$780,679
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
6.48%
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%
$15,613,580
$15.6M
Cap Rate 7%
$11,152,557
$11.2M
Cap Rate 9%
$8,674,211
$8.7M
Market Conditions
NOI Build-Up for 78,761 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
$1.18M $15.00/SF
− Vacancy
−$66.2K −$0.84/SF
EGI
$1.12M $14.16/SF
− OpEx
−$334.6K −$4.25/SF
NOI
$780.7K $9.91/SF
Area
Shreveport, LA
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$15,613,580
Cap Rate 7%
$11,152,557
Cap Rate 9%
$8,674,211
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
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Open Analytics
Current Use
Lease Details
32,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
Well-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Millicent Park Place — 1460 E Bert Kouns Industrial Loop, Shreveport, LA 71105
- Campus Walk Shopping Center — 8510 Youree Dr, Shreveport, LA 71115
- Walmart Plaza — Shreveport, LA 71115
- East Side Plaza — 7460 Youree Dr, Shreveport, LA 71105
- Regal Court Shopping Center — 7450 youree dr, shreveport, la 71105
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
