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27071552
27071553

1814 N Market St, Shreveport, LA 71107

CS
LA LA BROK.995717623-ASA
Walker-Alley & Associates LLC
Listed by Walker-Alley & Associates LLC
$1,550,000
263 days on market
Updated 37 days ago

1814 N Market

Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 30,000
Net Rentable (SqFt) 30,000
Units 2
Cap Rate 8.71%
NOI $135,000
Occupancy 100%
Tenancy Multi
Lease Type NN
Lease Term 5
Lease Expiration 08/31/2028
Remaining Term 2.2
Price per SqFt $52
Broker Co-Op Yes
Year Renovated 2023
Buildings 1
Stories 1
Acreage 2.900
Zoning I-1
Parking Spaces 2 spaces
Parking Per SqFt 0.07
Investment Type Owner/User
Tenant Credit Franchisee, Corporate Guarantee
Lease Commencement 09/01/2023
Occupancy Date 01/01/2026
Ground Lease No
Ceiling Height 16.6
Loading Docks 4
Dock High Doors 4
Sale Condition N/A

30,000 sf Office Warehouse For Sale or Lease - 100% Leased

Marketing description

Recently remolded FULLY LEASED 30,000 sq. ft. single story office warehouse subdivided into two 15,000 sq. ft. spaces. Each space has 1000 sq. ft. of two story office and 14,000 sq. ft. of warehouse. Each Warehouse has 2 dock high loading docks. One of the Two Docks has a drive in ramp. 2 acres of adjacent vacant land is included in the sale.

This building is located on North Market just South of I-220 and North of Hearne Avenue. I-20 is 5 Miles South, I-220 is 1 mile North and I-49 N is 6 Miles to the Northwest. Shreveport’s Amazon Fulfillment Center is less than 1 mile to the West.

Investment highlights

100% Leased Recently Renovated Office Warehouse with adjacent tracts available

Great Location fronting North Market near I-220 in North Shreveport

Warehouse and office space has been recently remolded

Building Fronts North Market across from Southern Classic Chicken

Listing Contacts

CS
LA LA BROK.995717623-ASA
Walker-Alley & Associates LLC
Listed by Walker-Alley & Associates LLC

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$135,000.00
$11,250.00/mo

Valuation Metrics

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DSCR
8.71%
Cap Rate
8.71%
ROI

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Additional Information

Name
Chris Stokes
License
LA BROK.995717623-ASA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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