4700 Line Ave Shreveport, LA 71106-1533

This exceptional two-story, 16,277-square-foot office building is located in Shreveport, Louisiana's desirable South Highlands historic district. The Class B property boasts a strong 8.20% capitalization rate and a current Net Operating Income (NOI) of $114,000. Currently 100% occupied under a gross lease, this multi-tenant building features an elevator and ample parking with 66 spaces. Situated on a 41,882-square-foot lot, the building offers convenient access to I-49 and is surrounded by thriving commercial areas including Pierremont Mall, Uptown Shopping Center, Towne Oaks Square, and Pierremont Office Park, as well as numerous banking facilities. The asking price is $1,400,000, translating to a price per square foot of $86.01. This presents a compelling investment opportunity in a prime location with excellent tenant occupancy and strong financial performance. The address is 4700 Line Ave, Shreveport, LA 71106.