733 Shreveport-Barksdale Hwy, Shreveport, LA 71105
Old River Marketplace, located at 733 Shreveport-Barksdale Highway in Shreveport, Louisiana (zip code 71105), presents a compelling investment opportunity. This 135,284 square foot, single-story neighborhood center is situated on a 10.33-acre lot and boasts a C-3 zoning classification. Built in 1975 and renovated in 2002, the property features 607 parking spaces, providing ample convenience for customers. Currently, there are 40,199 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 13,158 square feet. The center is anchored by a newly remodeled Super 1 Foods grocery store, attracting a strong customer base. Its strategic location on the Shreveport-Barksdale Highway, a major thoroughfare connecting east Shreveport and Bossier City/Barksdale Air Force Base, ensures high visibility and significant traffic flow. The surrounding residential area is comprised of middle and upper-income families, creating a stable and desirable market for retail businesses. The proximity to Barksdale Air Force Base, employing over 14,500 military and civilian personnel less than 3 miles away, further enhances the property's appeal and potential for sustained growth. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving Shreveport community.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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