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Property profile

733 Shreveport-Barksdale Hwy Shreveport, LA 71105

OFF-MARKET
Neighborhood centers
135,284 SF Built 1975
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Neighborhood centers
Year built 1975
Total area 135,284 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

733 Shreveport-Barksdale Hwy Shreveport, LA 71105
Shreveport metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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