Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6205 Westport Ave Shreveport, LA 71129

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in Shreveport near major retailers and hotels.

    Property Features for 6205 Westport Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2000

    We can help!

    Listing Contact
    Cindi Estep
    Source: Crexi

    Listing Agency: Estep & Associates Real Estate Listing Agent: Cindi Estep

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Center Near Walmart

    This retail center is located at the corner of Westport Avenue and Pines Road in southwest Shreveport, Louisiana. The property is a Walmart shadow retail center, situated in close proximity to Interstate 20 and surrounded by retailers along Pines Road. Nearby national retailers include Whataburger, Dollar Tree, CVS, Home Depot, Family Dollar, Cracker Barrel, Taco Bell, O'Reily Auto Parts, Mavis Tires & Brakes, McDonald's, Wendy's, Walgreen's, and Cane's. The center is also located close to Financial Plaza, which features national hotel chains such as Wingate, LaQuinta, Courtyard, Hilton Garden Inn, Ramada, and Homewood Suites by Hilton, some of which host annual business conferences and events.
    Location Intelligence

    Current Use by Public Records

    Delta Appliance & Refrigeration ... Home Appliance Store Hibbett Sports Clothing & Fashion Store Freeway Insurance Insurance Agency Papa John's Pizza Restaurant Wingstop Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.866465
    Latitude
    32.447844

    Nearby Similar for Lease

    • $4,000 /Mo

      Restaurant/Bar Ready For Occupancy

      Restaurant/bar with equipment, tables, chairs, and large parking lot.
      5765 S Lakeshore Dr, Shreveport, LA 71119
      View Details
    • $3,000 /Mo
      4 SF

      Professional Office Space in Shreveport

      Well-maintained office ideal for medical, professional, or administrative use.
      425 Ashley Ridge Blvd, Shreveport, LA 71106
      View Details
    • $1,150 /Mo
      5,227 SF

      Versatile Commercial Building with Parking

      Move-in ready commercial building suitable for various business types.
      1838 Texas Ave, Shreveport, LA 71103
      View Details
    • $1,250 /Mo
      6,534 SF

      Commercial Office Space For Lease

      Commercial property with office space available for lease.
      3939 Linwood Ave, Shreveport, LA 71108
      View Details
    • $3,500 /Mo
      2,701 SF

      Well-Maintained Office Space Available

      Attractive Shreveport office space with modern amenities and ample parking.
      8871 Quimper Pl, Shreveport, LA 71105
      View Details
    • $600 /Mo
      10,890 SF

      Shreveport Office Suite For Lease

      All-inclusive office leasing in Shreveport's Kings Ridge Executive Suites.
      831 Kings Hwy, Shreveport, LA 71104
      View Details
    • $4,400 /Mo
      18,949 SF

      Downtown Shreveport Office/Retail Space

      Refinished storefront office or retail space in downtown Shreveport.
      417 Lake St, Shreveport, LA 71101
      View Details
    • $850 /Mo
      5,550 SF

      Office Space on Busy Street

      Office space for rent with high visibility and paved parking.
      5403 Hearne Ave, Shreveport, LA 71108
      View Details
    • Sponsored
      Contact for pricing

      Boardwalk

      Discover many ways to work your way in Boardwalk
      333 Texas St, Shreveport, LA 71101
      View Details
    • $5,500 /Mo
      260,924 SF

      Shreveport Industrial Property with Acreage

      Versatile industrial space with office, warehouse, and secure storage.
      6508 W 70Th St, Shreveport, LA 71129
      View Details
    • $2,345 /Mo
      18,861 SF

      Renovated Storefront Retail/Office Space

      Historically renovated retail or office space with private parking.
      411 Lake St, Shreveport, LA 71101
      View Details
    • $900 /Mo

      Retail Space in Shreveport, LA

      Retail space available for rent in Shreveport, Louisiana.
      5763 S Lakeshore Dr, Shreveport, LA 71119
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in Shreveport near major retailers and hotels.
    Where is this shopping center located?
    The property is located at 6205 Westport Ave Shreveport, LA.
    What are key features of this property?
    This property features: - Shadow-anchored by Walmart, providing significant customer traffic.; - Prime retail location at the corner of Westport Avenue and Pines Road.; - Close proximity to Interstate 20, ensuring easy accessibility.
    Request Owner's contact information
    6205 Westport Ave Shreveport, LA 71129
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6205 Westport Ave
    Shreveport, LA 71129
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6205 Westport Ave Shreveport, LA 71129
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cindi Estep
    Real Estate License ID: 995716603
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!