Financial
Distress signals
Property profile

3161 E Texas St Bossier City, LA 71111

FOR LEASE
Retail space
Property ID
US36-1128924
22,250 SF 2.12 ac lot Built 1988
Last sale Aug 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple, 22,201 square foot convenience store and grocery store in Bossier City, Louisiana. The property boasts a 100% occupancy rate with a corporate-guaranteed, absolute NNN lease to Big Lots, a leading discount retailer. The 20-year lease includes a favorable 2% annual rent increase, ensuring consistent and growing income. The property's strong NOI of $174,761 translates to a 6.25% cap rate, making it an attractive addition to any

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$212k
Assessed land$61k
Assessed improvement$151k
Effective rate13.03%

Value estimate

· Sep 2026
$1.61M
$1.45M – $1.77M
CAP approach$2.22M
Sales comparison$1.20M
NOI build-up
Gross scheduled income$214k
Vacancy & credit loss−$10k
Operating expenses−$61k
NOI · 1,781,112.50% cap applied$142k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$64 – $176

Cap rate analysis

How does the asset earn?
1,781,112.50%
$142k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBOSSIER

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop13.1
Garden Center11.9
Auto Parts Store11.2

Location

3161 E Texas St Bossier City, LA 71111
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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