Freestanding Restaurant
For Sale
$410,999
900 Shreveport Barksdale Hwy, Shreveport, LA 71105
Former restaurant property with an established commercial address and original construction dating to 1950.
Property Size2,958 SF
Price / SF$138.94
Days on Market50
Property Features for 900 Shreveport Barksdale Hwy
General Information
Standard status
Active
Size
2,958 SF
Site & Location
Neighborhood
Anderson Island
Building Details
Year Built
1950
Listing Agency:
Pinnacle Realty Advisors
Listed By:
Patsy Maggio · License #0000073808
(318) 393-6609
Source:
Yourdavisteam
Added: Sep 5
Changed: Oct 15
Last Checked: Oct 7 at 3:34PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This conventional restaurant property at 900 Shreveport Barksdale Hwy in Shreveport, Louisiana, was previously operated as a Kentucky Fried Chicken restaurant. The property was built in 1950 and is identified as a 2,958-property-size commercial asset. Additional amenity details are not specified.
Key Highlights
- Former Kentucky Fried Chicken restaurant
- Built in 1950
- Located at 900 Shreveport Barksdale Hwy, Shreveport, LA 71105
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,878
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,560
$657.6K
Cap Rate 7%
$469,686
$469.7K
Cap Rate 9%
$365,311
$365.3K
Market Conditions
NOI Build-Up for 2,958 SF
Gross rent
$46.1K $15.60/SF
− Vacancy
−$2.3K −$0.78/SF
EGI
$43.8K $14.82/SF
− OpEx
−$11.0K −$3.70/SF
NOI
$32.9K $11.11/SF
Area
Shreveport, LA
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,560
Cap Rate 7%
$469,686
Cap Rate 9%
$365,311
Alternative Uses
Best Use
Specialty Retail
$469.7K
$411.0K – $548.0K
NOI $32,878 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$624.3K
$546.3K – $728.4K
NOI $43,703 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
688
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant property with an established commercial address and original construction dating to 1950.
Where is this conventional restaurant located?
The property is located at 900 Shreveport Barksdale Hwy Shreveport, LA.
What is the asking price?
The asking price for this property is $410,999.
What are key features of this property?
This property features: Former Kentucky Fried Chicken restaurant; Built in 1950; Located at 900 Shreveport Barksdale Hwy, Shreveport, LA 71105
