4005 Hearne Ave Shreveport, LA 71103
- Commercial real estate
- 4,100 SF
- 1.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4005 Hearne Ave
- Year built
- 1995
- Lot size
- 1.19 lot acres
- Property size
- 4,100 SF
- Property type
- Commercial real estate
Description
This exceptional 4,100 square foot free-standing restaurant building is situated on a 1.19-acre parcel in Shreveport, Caddo Parish. Its prime location offers unparalleled visibility and accessibility, boasting proximity to major thoroughfares and key demographics. Specifically, the property is conveniently located just 1000 feet from the I-20 Hearne Street exit, experiencing a high daily traffic count of 19,913 vehicles. This strategic positioning ensures significant exposure to potential customers. Furthermore, the restaurant benefits from its close proximity to Willis-Knighton Hospital, a substantial 775-bed facility employing 2,700 people, creating a large pool of potential clientele. The property's location also places it within a short distance—less than 3 miles—of the vibrant riverfront casinos and the Red River Entertainment District, further enhancing its appeal and potential for success. Built in 1995, the single-story building offers a spacious 4,100 square feet of entirely vacant space, presenting a unique opportunity for a new tenant. The current lease agreement extends until May 31, 2037, with options available for lease extension. This turnkey opportunity combines a desirable location with a long-term lease, making it an attractive investment for a discerning restaurant operator.
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
- -93.779995259792
- Latitude
- 32.474936953464
