1376 70Th St Shreveport, LA 71105

This exceptional investment opportunity presents a fee-simple interest in a 109,169-square-foot At Home retail property located at 1376 E 70th St, Shreveport, LA 71105. The property boasts a strong 8.04% cap rate and a substantial net operating income (NOI) of $1,283,654. The single-tenant, absolute NNN lease with At Home features a corporate guarantee, ensuring consistent cash flow. With a remaining lease term of 9.7 years and four 5-year renewal options, this investment offers long-term stability. Annual rent bumps of 2% further enhance the return. Built in 2018, the property sits on an 8.2-acre lot and benefits from a prime location adjacent to Bayou Shopping Center, a high-traffic retail destination with over 2.4 million annual visitors. The surrounding area demonstrates strong demographics, with an average household income exceeding $100,000 within a 3-mile radius. This investment is ideal for those seeking a passive income stream with minimal landlord responsibilities, backed by a national retailer and a robust lease structure. The property's location within a thriving retail corridor and its proximity to Captain Shreve High School (1,850+ students) further contribute to its long-term value and potential for appreciation. The asking price is $15,967,000, translating to a price per square foot of $146.26. The lease commenced on July 3, 2018, and is set to expire on July 31, 2034. This is a truly exceptional opportunity to acquire a high-performing, low-maintenance retail investment in a desirable Louisiana market.