6109 FINANCIAL PLZ Shreveport LA 71129-2592

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 5,026 SF freestanding building (Dark IHOP) situated on a 0.92-acre lot in Shreveport, Louisiana. The property is zoned C-3: General Commercial which provides for a wide range of commercial uses. The offering presents excellent upside potential through re-lease and/or the opportunity of new development. The 0.92-acre lot includes approximately 65 parking stalls.

The subject property is strategically located at the diamond interchange of Interstate 20 (87,300 VPD) and Pines Road (36,600 VPD), two heavily-trafficked thoroughfares traveling through Shreveport. The site benefits from excellent visibility via significant highway frontage and a large pylon sign positioned along Financial Plaza. Additionally, the asset is situated between Walmart Supercenter and The Home Depot, two premium, big-box tenants that significantly increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Further, the subject property is located within a hospitality cluster comprised of more than 20 hotels, providing a direct consumer base from which to draw. Notable hotels within the 3-mile trade area include Quality Inn, Hampton Inn, Hometown Suites by Hilton, Motel 6, and more. Moreover, the site is surrounded by several apartment complexes including Bentley (84 units), Westwood Village (248 units), and Ashton Pines (184 units), providing a direct residential consumer base to draw from. The 5-mile trade area is supported by more than 62,000 residents and 26,000 daytime employees with an average household income of $50,045.