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Property profile & analytics
OFF-MARKET
Lifestyle centers

5838 Market St Shreveport, LA 71107

16,000 SF 3.32 ac lot
Entity Owned 2-yr Hold
Property ID
US36-2605834
Property summary
AI-generated overview

This exceptional retail opportunity presents a 16,000 square foot shopping center anchored by a Dollar Tree, strategically located at the northwest corner of North Market Street and North Trace Boulevard in north Shreveport. The property boasts a highly visible location, benefiting from proximity to a Walmart Supercenter and the new I-49 interchange, ensuring significant traffic flow. Currently, up to 4,500 square feet of retail or restaurant space is available for lease, divisible into units as small as 2,000 square feet. A key advantage is the potential for a standalone drive-thru restaurant at the traffic-signalized intersection of North Market Street and Old Mooringsport Road. The 0.92-acre pad-ready site offers excellent frontage on North Market Street and is also available for sale or ground lease. This property sits within a rapidly expanding retail corridor, exhibiting strong synergy with neighboring businesses, including the recently constructed Walmart Supercenter. Tenant improvement allowances are available, making this an attractive proposition for prospective tenants. The site's convenient location, just 0.5 miles from I-49 exit 215, further enhances its appeal. The property is zoned R-A and features a total of 16,000 square feet on a 3.32-acre lot (APN: 191431000029200, Caddo Parish).

Property profile
Verified
Property type Lifestyle centers
Total area 16,000 SF
Lot 3.32 ac (144,619 SF)
UPID US36-2605834
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
  • Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lawtell Fd LLC · 2 yrs held
Lawtell Fd LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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