1802 Southern Ave
Industrial | 34,308 SqFt
Marketing description
The Net Lease Group exclusively offers for sale a vacant, +/- 34,308 square-foot, industrial building situated on approximately 2.59 acres of land and located at 1802 Southern Avenue in Shreveport, Louisiana. Strategically positioned in the heart of Shreveport, the Property is minutes from downtown Shreveport and Bossier City and surrounded by approximately 57,000 households within a 5-mile radius.
Shreveport boasts excellent connectivity to other regional hubs, including Dallas, Houston, and New Orleans. Situated in northwest Louisiana, Shreveport benefits from its location on the intersection of I-20 and I-49, facilitating efficient transportation of goods and services. These transportation links attract businesses and investors to the area, fostering regional trade and enhancing Shreveport’s prominence as a gateway to the regional market.
Constructed in the early 1990s , the Property features two (2) high dock doors and three (3) grade doors. It totals 34,308 square feet of net rentable area, comprising 27,423 square feet of warehouse space and 6,885 square feet of office space.
Investment highlights
- New Roof: The current owner fully replaced each roof in 2022. This major upgrade eliminates the need for future ownership to incur this expense and enhances the Property’s value by reducing long-term maintenance costs.
- Prime Urban Location: Located South of downtown Shreveport, the Property is adjacent to the Union Pacific Railway, which spans 23 states across two-thirds of the United States.
- Strategic Logistics Connectivity: Situated within a mile of I-20, the Property benefits from enhanced regional connectivity. The I-20 expressway spans more than 1,500 miles, linking South Carolina to Texas.
- Vast Nearby Customer Base: With more than 44,600 households within a 10-minute drive and nearly 59,000 households within a five-mile radius of the Property, businesses have access to an expansive pool of clientele.
- Tenancy: Single
- % Occupied: Vacant
- Total Acres: 2.59
- FAR: 30.41%
- Dock Doors: 2
- Grade Doors: 3
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