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    8655 Millicent Way Shreveport, LA 71115

    For Lease
    Contact for pricing

    High-traffic retail space, flexible lease options.

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This freestanding commercial building offers 12,000 square feet of vacant space, divisible into units ranging from 4,000 to 8,000 contiguous square feet. The single-story building is situated on a hard corner at the high-traffic intersection of Youree Drive and Millicent Way in Caddo Parish County, boasting excellent visibility and a large pylon sign. The property features 27 parking spaces and is zoned C-3, allowing for a variety of uses including retail, office, medical office, and office/showroom space. Its prime location within an established retail and medical corridor places it directly across from Louisiana State University Shreveport and less than half a mile from WK Pierremont Health Center and Christus Highland Medical Center. The surrounding area is densely populated with national retailers and restaurants, ensuring high foot traffic and strong brand recognition potential. The building itself includes showroom, office, and warehouse space, making it a versatile option for a variety of businesses. With a daily traffic count of 31,600 vehicles, this property presents a unique opportunity for businesses seeking high visibility and accessibility in a thriving commercial area. The property's APN is 171329003005000.

    Property Features for 8655 Millicent Way

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Suite 2
    Size
    8,000 SF

    HighLights

    • Freestanding retail building for lease, 12,000 SF vacant, divisible from 4,000 SF to 8,000 SF contiguous.
    • High‑traffic corner location at Youree Drive and Millicent Way, in an established retail/medical corridor.
    • Located across from LSU Shreveport, near WK Pierremont Health Center and Christus Highland Medical Center.
    • Excellent visibility with a large pylon sign; surrounded by national retailers and restaurants.
    • 27 parking spaces; C‑3 zoning; APN 171329003005000; Caddo Parish County; 31,600 VPD traffic count.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AutoZone Auto Parts Auto Parts Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7091371
    Latitude
    32.4258888

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, flexible lease options.
    Where is this individual retail property located?
    The property is located at 8655 Millicent Way Shreveport, LA.
    What are key features of this property?
    This property features: Freestanding retail building for lease, 12,000 SF vacant, divisible from 4,000 SF to 8,000 SF contiguous.; High-traffic corner location at Youree Drive and Millicent Way, in an established retail/medical corridor.; Located across from LSU Shreveport, near WK Pierremont Health Center and Christus Highland Medical Center.
    Request Owner's contact information
    8655 Millicent Way Shreveport, LA 71115
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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
    8655 Millicent Way Shreveport, LA 71115
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