$1,350,000
800 North Spring Street
Details
APN 181437-153-0028-00, 181437-153-0029-00
Property Type Office
Sub Type Traditional Office
Square Footage 17,162
Net Rentable (SqFt) 15,790
Units 100
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 12.03%
Pro-Forma NOI $162,429
Price per SqFt $79
Broker Co-Op True
Class B
Year Built 1987
Buildings 2
Stories 2
Acreage 1.510
Zoning D-1-E
Parking Spaces 100 spaces
Parking Per SqFt 5.83
Investment Type Stabilized
Tenant Credit Credit Rated, Franchisee
Ceiling Height 8.5
Sale Condition N/A
100% leased - Downtown Office For Sale
Investment highlights
- 17,162 square feet
- 100% leased
- Average rental rate: $17.32 PSF GROSS
- Vacant parking lot: 0.414 acres
- High-Visibility Location – First office building you see when entering Downtown Shreveport from
- I-20 via Spring St.
- Generous Parking – Approximately 100 on-site
- parking spots with easy entrance and exit
- Turnkey condition – Recently updated with new paint; landlord covers electricity, water and cleaning services for tenants
- Adjacent to Festival Plaza and near government
- buildings, banks, and downtown amenities
- Strong visibility to both pedestrian and vehicle traffic
Listing Contacts
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