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    1650 Market St Shreveport, LA 71107

    Sponsored
    For Lease
    Contact for pricing

    Prime location, high traffic, freestanding building.

    Lot size:
    2,817 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional sublease opportunity presents a 2,517 square foot freestanding restaurant building situated on a 0.98-acre parcel in Shreveport, Louisiana. The property, built in 2008, is ideally located on North Market Street, a major thoroughfare boasting a high daily traffic count of 31,227 vehicles. Its strategic position provides convenient access to Interstate 20 (60,380 CPD in 2023) and Interstate 220 (40,079 CPD in 2023), ensuring high visibility and accessibility for potential customers. The building's total square footage is 2,817 square feet, with the entire space currently vacant and available for immediate occupancy. The property offers significant advantages due to its proximity to Shreveport's vibrant riverfront casinos and the Red River Entertainment District, just 2.75 miles away. The existing lease agreement extends until May 31, 2037, with options available for lease extension, providing long-term stability and investment potential. This single-story building presents a rare opportunity to establish or relocate a restaurant business in a high-traffic, well-established area of Shreveport, within Caddo Parish. The property is a single-tenant building with no elevators.

    Property Features for 1650 Market St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,817 SF

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,517 SF

    HighLights

    • 2,517 SF free‑standing restaurant building on a 0.98‑acre lot.
    • Located on N Market St, a major Shreveport thoroughfare connecting I‑20 and I‑220.
    • 2.75 miles from Shreveport's riverfront casinos and entertainment district.
    • Lease expires 5/31/2037 with options.
    • Built in 2008.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.773244452279
    Latitude
    32.540082656034

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    FAQs

    What type of property is this?
    Restaurant - Prime location, high traffic, freestanding building.
    Where is this restaurant located?
    The property is located at 1650 Market St Shreveport, LA.
    What are key features of this property?
    This property features: 2,517 SF free-standing restaurant building on a 0.98-acre lot.; Located on N Market St, a major Shreveport thoroughfare connecting I-20 and I-220.; 2.75 miles from Shreveport's riverfront casinos and entertainment district.
    Request Owner's contact information
    1650 Market St Shreveport, LA 71107
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    Shreveport, LA 71107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1650 Market St Shreveport, LA 71107
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