935 Texas Ave Shreveport, LA 71101
This exceptional investment opportunity presents a 21,000-square-foot industrial property located at 935 Texas Ave, Shreveport, Louisiana, 71101. The property, situated on 1.27 acres, features a well-maintained single-story building with a blend of warehouse and office space. The 15,974-square-foot warehouse boasts a fully insulated interior, a sprinkler system, two dock-high doors, and two grade-level doors, ensuring efficient operations. The 5,126-square-foot showroom/office area provides ample space for administrative functions. The property is fully occupied by a long-term tenant—a 34-year-old, independently owned wholesale electrical products supplier—under a triple-net (NNN) lease with a remaining term of three years and two three-year renewal options, expiring August 31, 2025. The property is secured by security fencing and zoned D-1-AC. This investment offers a compelling 8.00% cap rate at an asking price of $1,320,000, translating to $62.86 per square foot. The strong tenant history and favorable lease terms make this a highly attractive opportunity for investors seeking stable income and long-term growth potential in the Shreveport market.
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Electric Supply Co. Inc. Building Supply Electrical Service
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.