For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

8776 Youree Dr Shreveport, LA 71115

For Sale
$2,214,550

High-yield Burger King investment, strong tenant.

Property size:
2,887 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional investment opportunity presents a fee-simple, 2,887-square-foot Burger King located at 8776 Youree Dr, Shreveport, LA 71115. The property boasts a prime location across from LSU-Shreveport, benefiting from high visibility and traffic on Youree Drive (16,000 VPD). The absolute NNN lease, with a corporate Burger King franchisee (Restaurant Brands International, parent company of Tim Hortons, Popeyes, and Firehouse Subs), provides a passive investment opportunity with minimal landlord responsibilities. The lease, originally signed in August 2017, has 7.8 years remaining on the initial term, followed by four 5-year options. Rent increases by 5% every five years, ensuring consistent income growth. The property sits on a 0.82-acre lot (35,719 sq ft) and is a single-story, Class A building constructed in 2017. The property's strong performance is evidenced by its 100% occupancy and a current NOI of $132,873, resulting in a 6.00% cap rate and a price per square foot of $767.08. The asking price is $2,214,550. The property's strategic location within a thriving retail corridor, near other major retailers and significant points of interest, including a major university and hospitals, ensures a consistent customer base. The drive-thru design proved resilient during the COVID-19 pandemic, highlighting the property's essential nature. This is a rare opportunity to acquire a well-performing, long-term net lease investment in a high-growth area.

Property Features for 8776 Youree Dr

General Information

Property type
Restaurants
Square Feet
2,887 SF
Class
A

Building Details

Year Built
2017
Buildings
1
Stories
1
Units
1

HighLights

  • 8+ years remaining on the initial lease term, plus four 5‑year options.
  • Absolute NNN lease; ideal for passive investors.
  • Excellent location across from LSU‑Shreveport.
  • 5% rent increases every five years.
  • Corporate ownership by Restaurant Brands International (QSR).
  • Drive‑thru restaurant remained operational during COVID‑19 lockdowns.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Burger King Restaurant

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Shreveport
County
Caddo Parish
State
Louisiana
Longitude
-93.706131
Latitude
32.4207428

FAQs

What type of property is this?
Restaurant - High-yield Burger King investment, strong tenant.
Where is this restaurant located?
The property is located at 8776 Youree Dr Shreveport, LA.
What is the asking price?
The asking price for this property is $2,214,550.
What are key features of this property?
This property features: 8+ years remaining on the initial lease term, plus four 5-year options.; Absolute NNN lease; ideal for passive investors.; Excellent location across from LSU-Shreveport.
More about this property
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