2968 Texas St Bossier City, LA 71111-3202
- Retail space
- 8,296 SF
- 1.99 lot acres
Current Use by Public Records
- Retail space
Property Details for 2968 Texas St
- Year built
- 1993
- Lot size
- 1.99 lot acres
- Property size
- 8,296 SF
- Property type
- Retail space
- APN
- 128504
- APU
- 128504
Description
This exceptional 8,500-square-foot restaurant building, situated on a 1.977-acre lot, presents a remarkable investment opportunity in Bossier City, Louisiana. Formerly a Red Lobster, this single-story, 1993-built structure is zoned B-3, offering versatility for various uses. The property boasts a prime location on Pierre Bossier Mall, a high-traffic outparcel near the intersection of Airline Drive and East Texas Street, experiencing over 31,000 daily vehicle counts. Its strategic placement benefits from proximity to major retailers and restaurants including Dillard's, JCPenney's, Chili's, Starbucks, IHOP, Burger King, and more. Significant traffic generators such as Barksdale Air Force Base (over 11,000 employees), Bossier Parish Community College, and the Bossier City Civic Center/Police Department further enhance its appeal. The asking price is $2,200,000, translating to $258.82 per square foot. The property is available for lease under a NNN (Triple Net) lease agreement. The lot size is 86,131 square feet, and the property will be vacant on May 13, 2024, with an available date of June 25, 2024. This is a rare chance to acquire a well-positioned, substantial commercial property in a thriving Louisiana market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $240,000
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Location Insight
- Map
- Local Demand
- City
- Bossier City
- County
- Bossier
- State
- Louisiana
- Longitude
- -93.7031
- Latitude
- 32.5282
- CBSA code
- 43340
- CBSA name
- SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA
