Building Details

Tenancy Multi

Listing Agency: Freedom Realty

Listed By: Donna Tidwell · License #0099564546 Show Phone

Source: Exprealty

Added: Oct 8 Changed: Oct 21 Last Checked: Oct 21 at 2:11AM

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Investment Insights

Based on property information with market context.

Unit B is retail space in a five-unit strip center and includes a vent hood. The air conditioning is operational. Repairs are needed to the drink-cooling units and the roof; the landlord is willing to complete those repairs once a tenant is secured.

The property is at B-315 Pierre Avenue in Shreveport, Louisiana.

Key Highlights

• Unit B is one of 5 spaces in the strip center
• Vent hood included
• Air conditioning is working

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Home Appliance Store Cafe & Coffee Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

473

Businesses Nearby

Explore this area Business Placement

Demographics for 71101, LA

6,560

Population

4,548

Households

1.4

Avg Household Size

41

Median Age

13%

College-Educated

77%

High-School Grad

4.2 sq mi

ZIP Area

1,562

Density / Sq Mi

$17,924

Median Household Income

$32,135

Median Earnings

$714

Median Rent

$86,500

Median Home Value

Market

Lease Benchmarks for Shreveport, LA

$13.07 /SF/Yr

Avg Asking Price

$2.26–$31 /SF/Yr

Price Range

43,107 SF

Avg Space Size

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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Frequently Asked Questions

What type of property is this?

Retail space - Unit B has working air conditioning and is part of a five-unit strip center.

Where is this retail space located?

The property is located at B-315 Pierre Avenue Shreveport, LA.

What is the lease rate?

The lease rate is $2,500/Mo.

What are key features of this property?

This property features: Unit B is one of 5 spaces in the strip center; Vent hood included; Air conditioning is working