Added: Mar 26Changed: Sep 22Last Checked: Sep 22 at 1:31PM
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Investment Insights
Based on property information with market context.
This 2,887-square-foot Burger King is situated on 0.82 acres in Shreveport, Louisiana. The property benefits from its location within the area’s premier retail and commercial corridor with 5 Million SF of retail, 1.6 Million SF of industrial and 5,319 multifamily units within a 3-mile radius. The location is operated by Carrols Restaurant Group (NASDAQ: TAST), one of the largest Restaurant Companies and Franchises in the United States with over 1,000 restaurants. In January 2024 it was announced that Restaurant Brands International (NYSE:QSR) the parent company of Burger King, has acquired Carros Corp. making all Carrols locations, corporate stores. Restaurant Brands International owns other quick service food concepts including Tim Hortons, Popeyes and Firehouse Subs. The property is located with excellent access and visibility on Youree Drive (Traffic Count: 16,000 VPD), which is a main thoroughfare for the region and provides direct access to Downtown Shreveport (8.5 miles to the north). The property is located across Youree Drive from a critical mass of single family and multifamily homes. Other retailers with a presence in the immediate vicinity include Walmart Supercenter, Sam’s Club, Lowe’s, Target, Belk, Dick’s Sporting Goods, Hobby Lobby, Kohl’s, Ashley Furniture, PetSmart, Belk, JC Penny, Petco, Whole Foods, Kroger, World Market, Pier 1 Imports, Bed Bath & Beyond, Bath & Body Works, Office Depot, Marshalls, and Best Buy among many others. Further, the property benefits from its location near some of the area’s main points of interest including 4,383-student Louisianan State University – Shreveport (0.5 miles northeast), 154-bed Christus Shreveport-Bossier Health System (1-mile northwest), and the 119-bed WK Pierremont Health Center allowing for a high traffic volume and a substantial built-in customer base.
Corporate Burger King: Operated by Restaurant Brands International (NYSE:QSR).
Strategic location on Youree Drive (16,000 VPD): Excellent visibility and accessibility.**
Property Analytics
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Current Use
Burger KingRestaurant
Suggested Use
Top PickReal Estate AgencyLaw FirmBuilding SupplyDental OfficeHair SalonSpa & Massage Center
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
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Business Placement
Demographics for 71115, LA
15,436
Population
7,506
Households
2.1
Avg Household Size
41
Median Age
44%
College-Educated
93%
High-School Grad
116.3 sq mi
ZIP Area
133
Density / Sq Mi
$71,645
Median Household Income
$44,747
Median Earnings
$1,110
Median Rent
$239,100
Median Home Value
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Market
Vacancy Rate%for Retail in South region
7%2020
6.2%2021
5.1%2022
4.8%2023
4.9%2024
5.4%2025
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New: 350 Mission StJust listed · $36/SF · 2 min ago