1200 Highland Ave, Shreveport, LA 71101
Retail space available for purchase.
- Added:
- Mar 29, 2024
- Days on Market:
- 831
- Last Refresh:
- Jul 5 at 9:03 am
Property Features for 1200 Highland Ave
General Information
- Standard status
- Active
- Size
- 1,650 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1991
Listing office Vintage Realty Company (318) 222-2244
Listing date Mar 29, 2024
Source Crexi
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 Vintage Realty Company
HighLights
- Built in 1991
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.8k | $15.00 |
| − Vacancy | −$1.4k | −$0.84 |
| EGI | $23.4k | $14.16 |
| − OpEx | −$7.0k | −$4.25 |
| NOI | $16.4k | $9.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.739782
- Latitude
- 32.500622
