5838 Market St Shreveport, LA 71107
- Lifestyle centers
- 16,000 SF
- 3.32 lot acres
Current Use by Public Records
- Dollar Tree / Kitchen Supply Store / Party Store
Property Details for 5838 Market St
- Lot size
- 3.32 lot acres
- Property size
- 16,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional retail opportunity presents a 16,000 square foot shopping center anchored by a Dollar Tree, strategically located at the northwest corner of North Market Street and North Trace Boulevard in north Shreveport. The property boasts a highly visible location, benefiting from proximity to a Walmart Supercenter and the new I-49 interchange, ensuring significant traffic flow. Currently, up to 4,500 square feet of retail or restaurant space is available for lease, divisible into units as small as 2,000 square feet. A key advantage is the potential for a standalone drive-thru restaurant at the traffic-signalized intersection of North Market Street and Old Mooringsport Road. The 0.92-acre pad-ready site offers excellent frontage on North Market Street and is also available for sale or ground lease. This property sits within a rapidly expanding retail corridor, exhibiting strong synergy with neighboring businesses, including the recently constructed Walmart Supercenter. Tenant improvement allowances are available, making this an attractive proposition for prospective tenants. The site's convenient location, just 0.5 miles from I-49 exit 215, further enhances its appeal. The property is zoned R-A and features a total of 16,000 square feet on a 3.32-acre lot (APN: 191431000029200, Caddo Parish).
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo Parish
- State
- Louisiana
- Longitude
- -93.8413169
- Latitude
- 32.6014859
