Property History
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Marketing Description
This single tenant office investment is being offered at an 11.17% Cap Rate with an established high-quality tenant (i3-ACS Medical Business Solutions) in place.
ACS Medical Business Solutions, a Lafayette based medical billing software company founded in 1969, has occupied the property for over 13 years as an office for ACS Physicians Billing Services, a department within the company. Their current lease runs through September 30, 2026.
In 2021, ACS Medical Business Solutions was purchased by i3 Verticals, Inc. and became i3-ACS Medical Business Solutions, a subsidiary of i3 Verticals, Inc.
i3 Verticals, Inc., a software company founded in 2012 and headquartered in Nashville, TN, delivers integrated payment and software solutions to small and medium-sized businesses throughout the United States. i3 Verticals is a publicly traded company on the NASDAQ stock exchange with a market cap of over 465 million, as of October 18, 2022. The company had quarterly earnings of $80.6 million in Q3 2022 and has a projected annual revenue of over $307 million for fiscal year 2022.
The tenant is paying $12,015 per month in rent, equaling $144,180 in Gross Annual Income. The projected Net Operating Income for 2023, based on 2021 operating expenses, is $122,988.
This office building is situated on 1.02 Acres with tons of parking. 52 parking spaces total, giving the property a parking ratio of 6.49 parking spots per 1,000 SF.
The property is in a great location in Shreveport, Louisiana with great visibility. Located off Shreveport Barksdale Highway, a major thoroughfare with approximately 27,000 cars per day driving passed the property. The property also has great access to other major thoroughfares.
This property is Zoned C2 (Commercial 2) and is located in Flood Zone X, outside of the flood plain.
Loan History
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Contact Information
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Ownership Information
Zoning
C-2 CommercialSpecial CommercialCorridor Commercial
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View all 142 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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