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    5700 Youree Dr Shreveport, LA 71105

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Shreveport retail space; two suites available.

    Lot size:
    57,393 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Southfield Shopping Center presents a rare opportunity for retail businesses seeking high-visibility locations in Shreveport. This single-story, 57,393 square foot neighborhood/strip center is strategically situated at the intersection of Southfield (Pierremont) and Youree Drive, offering superior street visibility and convenient ingress/egress compared to newer centers. The property boasts two suites, with a total of 5,780 square feet currently vacant, divisible into spaces as small as 2,000 square feet and up to a maximum contiguous space of 5,780 square feet. The building underwent exterior renovations in 2008. The center features ample surface parking to accommodate customers and employees. The property is zoned B-3. The assessed property number (APN) is 171320135000100. Annual operating expenses, including taxes, insurance, and common area maintenance (CAM), are approximately $4.45 per square foot. This exceptional location and well-maintained property offer an ideal setting for a variety of retail businesses. Don't miss this chance to establish your business in a thriving Shreveport commercial hub.

    Property Features for 5700 Youree Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,393 SF
    Total Rate
    66958.5

    Building Details

    Year Renovated
    2008
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 5727
    Size
    3,780 SF
    Rate per SF
    $16
    Space
    5725 Youree
    Size
    2,000 SF
    Rate per SF
    $16

    HighLights

    • 57,393 SF retail center in Shreveport.
    • Two suites available, 2,000 - 5,780 SF each.
    • 5,780 SF of vacant space.
    • Excellent visibility and access at Southfield (Pierremont) and Youree Drive.
    • Exterior renovated in 2008.
    • Taxes, insurance, and CAM approximately $4.45/SF/year.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.7212462
    Latitude
    32.455345

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Shreveport retail space; two suites available.
    Where is this neighborhood center located?
    The property is located at 5700 Youree Dr Shreveport, LA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 57,393 SF retail center in Shreveport.; Two suites available, 2,000 - 5,780 SF each.; 5,780 SF of vacant space.
    Request Owner's contact information
    5700 Youree Dr Shreveport, LA 71105
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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
    5700 Youree Dr Shreveport, LA 71105
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