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    OFF-MARKET
    Neighborhood centers

    733 Shreveport-Barksdale Hwy, Shreveport, LA 71105

    135,284 SF Built 1975
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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