Building Details

Year Built 2005

Listing Agency: Little Realty Inc j***@littlerealtyinc.com Show Phone

Listed By: Jeri Little · License #0000027120 Show Phone

Source: Lonestarluxuryrealty

Added: Sep 13 Changed: Oct 29 Last Checked: Oct 28 at 7:49AM

Report an Issue

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 Little Realty Inc

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This shopping center property includes 6,000 square feet of commercial space at 8620 Youree Drive, Suite C. The center was constructed in 2005, providing an established setting for the property.

The space is located in Shreveport, Louisiana, within the 71115 postal area. Its identified suite location and shopping center classification provide a clear framework for evaluating the property within a broader retail setting.

Key Highlights

• 6,000 square feet of shopping center space
• Suite C at 8620 Youree Drive, Shreveport, LA 71115
• Located in a center constructed in 2005

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$59,472

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,189,440 $1.2M

Cap Rate 7%

$849,600 $849.6K

Cap Rate 9%

$660,800 $660.8K

What to ask about pricing

Market Conditions

NOI Build-Up for 6,000 SF

Gross rent

$90.0K $15.00/SF

− Vacancy

−$5.0K −$0.84/SF

EGI

$85.0K $14.16/SF

− OpEx

−$25.5K −$4.25/SF

NOI

$59.5K $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 Rate 5%

$1,189,440

Cap Rate 7%

$849,600

Cap Rate 9%

$660,800

Alternative Uses

Best Use

Retail

$849.6K

$743.4K – $991.2K (±1% cap)

NOI $59,472 @ 7.0% cap · market cap 2,832.00%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.27M

$1.11M – $1.48M (±1% cap)

NOI $88,646 @ 7.0% cap · market cap 4,221.24%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Daiquiri Express South (Bike/Boat/Book/etc) Store Wild Magnolia Nutrition/Herbalife Restaurant The Cannabis shop (Bike/Boat/Book/etc) Store AT&T Device Support ... Telecommunications Service Bourbon Bar Bar & Pub

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Real Estate Agency Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,168

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 71115, LA

15,436

Population

7,506

Households

2.1

Avg Household Size

41

Median Age

44%

College-Educated

93%

High-School Grad

116.3 sq mi

ZIP Area

133

Density / Sq Mi

$71,645

Median Household Income

$44,747

Median Earnings

$1,110

Median Rent

$239,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Similar For Sale Nearby

See more

Retail Store with Vent Hood

315 Pierre Avenue #B, Shreveport, LA 71101

Contact for pricing

5,360 SF

View details

Retail Center with Daycare Building

8236-8240 Jewella Avenue, Shreveport, LA 71108

$350,000

6,561 SF

View details

Storefront Property with New Roof

2204 Line Ave, Shreveport, LA 71104

$425,000

5,310 SF

View details

Fully Leased South Highlands Strip

4847 Line Avenue, Shreveport, LA 71106

$1,225,000

View details

Retail Space with Delivery Door

2833 Summergrove Drive #1, Shreveport, LA 71118

Contact for pricing

10,000 SF

View details

5-Unit Retail Plaza

3610 Jewella Avenue, Shreveport, LA 71109

$1,300,000

7,378 SF

View details

Corner Storefront Property

8959 Jewella Ave, Shreveport, LA 71118

Contact for pricing

2,246 SF

View details

C-2 Storefront Building

3858 Linwood, Shreveport, LA 71103

Contact for pricing

1,740 SF

View details

Renovated Climate-Controlled Retail Space

304 W 70th St, Shreveport, LA 71106

Contact for pricing

12,000 SF

View details

Storefront Property with Dry Cleaning Plant

2800 Jewella Ave, Shreveport, LA 71109

$899,000

8,762 SF

View details

Flex Commercial Building

751 Professional Drive N, Shreveport, LA 71105

$399,000

3,905 SF

View details

Corner Retail Space

3707 Lakeshore Drive #3707, Shreveport, LA 71109

Contact for pricing

44,972 SF

View details

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 - Commercial space within a center constructed in 2005, positioned along Youree Drive in Shreveport.

Where is this shopping center located?

The property is located at 8620 Youree Drive #C Shreveport, LA.

What are key features of this property?

This property features: 6,000 square feet of shopping center space; Suite C at 8620 Youree Drive, Shreveport, LA 71115; Located in a center constructed in 2005