Property Listing No Longer Available for Sale

8979 Walker Road, Shreveport, LA

Retail for Sale - $1,710,800 - 9,026 Sq. Ft. on 0.94 acres


Property Info

CIMLS#923237
Location
  8979 Walker Road
  Shreveport LA 71118
UpdatedJanuary 6th, 2017
TypeRetail
Price$1,710,800
Building9,026 Sq. Ft.
Land0.94 acres

Property Description

KW Net Lease Advisors is pleased to present for Sale a Newly Constructed, Single Tenant, 15-Year Absolute NNN Leased Dollar General in Shreveport, Louisiana. The lease also includes 4 (5) Year Options with 10% Rental Increases every 5 Years after the initial term.

Location Description:

The Subject Property is situated in a dense part of the 3rd largest city in Louisiana (Shreveport). Located adjacent to a High School with over 1,300 students, less than 1 mile from Shreveport Regional Airport and 100,000 residents within 5-Miles this site has a perfect blend of Retail and Residential Synergy. Nearby tenants include: CVS, Walgreens, Lowes, Applebee


Financials

Sales Info:

>> Cap rate: 6.35%

>> NOI: $108636


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