Flex Commercial
For Sale
$399,000
751 Professional Drive N, Shreveport, LA 71105
Mixed retail, office, workroom, and warehouse configuration with two bathrooms supports varied commercial operations.
Property Size3,905 SF
Price / SF$102.18
Days on Market48
Property Features for 751 Professional Drive N
General Information
Standard status
Active
Size
3,905 SF
Property subtype
Business
Building Details
Year Built
2005
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Jennifer Burrus · License #0995689148
(318) 347-3332
Source:
Lonestarluxuryrealty
Added: Aug 30
Changed: Oct 15
Last Checked: Oct 15 at 1:18AM
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 Pinnacle Realty Advisors
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Investment Insights
Based on property information with market context.
Built in 2005, this 3,905-square-foot flex property combines retail space with an office, workroom, warehouse area, and two bathrooms. The layout brings customer-facing, administrative, and back-of-house functions together within one commercial building, while an established tenant is in place.
The property is located at 751 Professional Drive N in South Shreveport, near major thoroughfares, area businesses, and established residential neighborhoods. Its combination of retail and service-oriented space provides a practical format for a range of commercial operations.
The property is located at 751 Professional Drive N in South Shreveport, near major thoroughfares, area businesses, and established residential neighborhoods. Its combination of retail and service-oriented space provides a practical format for a range of commercial operations.
Key Highlights
- 3,905‑square‑foot flex property built in 2005
- Retail area, office, workroom, warehouse, and two bathrooms
- Established tenant in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,842
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,840
$556.8K
Cap Rate 7%
$397,743
$397.7K
Cap Rate 9%
$309,356
$309.4K
Market Conditions
NOI Build-Up for 3,905 SF
Gross rent
$35.1K $9.00/SF
− Vacancy
−$2.4K −$0.61/SF
EGI
$32.8K $8.39/SF
− OpEx
−$4.9K −$1.26/SF
NOI
$27.8K $7.13/SF
Area
Shreveport, LA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,840
Cap Rate 7%
$397,743
Cap Rate 9%
$309,356
Alternative Uses
Best Use
Retail
$552.9K
$483.8K – $645.1K
NOI $38,706 @ 7.0% cap · market cap 9.70%
Second Best
Warehouse
$397.7K
$348.0K – $464.0K
NOI $27,842 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$824.2K
$721.2K – $961.6K
NOI $57,694 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
540
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Mixed retail, office, workroom, and warehouse configuration with two bathrooms supports varied commercial operations.
Where is this flex space located?
The property is located at 751 Professional Drive N Shreveport, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,905‑square‑foot flex property built in 2005; Retail area, office, workroom, warehouse, and two bathrooms; Established tenant in place
